US to sell arms worth $1.42 billion to Taiwan, imposes sanctions on China bank linked to North Korea

The USA. Plans to sell weapons valued at $ 1.42 billion (Rs 91.86 billion) in Taiwan, a measure to China’s anger, whose help Trump has tried to counter North Korea reported Friday. The United States also imposed sanctions against a Chinese bank, the Dangdong Bank, claiming to be linked to North Korea, The Guardian reported.

The United States accused the Dangdong bank of acting as “a channel for North Korea’s illicit financial activity.” Two Chinese individuals and the bank on black lists, and US Treasury Secretary Steve Mnuchin calls the bank a “money laundering problem” that has helped North Korea to support its missile programs.

The United States also used the visit of Chinese President Xi Jinping in Hong Kong to demand greater democracy in the autonomous territory. Jinping to Hong Kong to celebrate the 20th anniversary of the return of the region to China.

Meanwhile, the US State Department said the arms package to Taiwan, which was the first under President Trump, including technical support for early warning radar, anti-radiation high-speed missile torpedoes and missiles Components. Nauert said sales showed “support from the United States Taiwan’s ability to maintain sufficient self-defense capability,” but argued that this would have no impact on US policy in one country.

The United States is the sole supplier of arms to Taiwan. China’s relations with Taiwan remain tense, with the country’s leadership giving Taiwan’s President Tsai Ing-wen back from taking office in 2016, as he refuses to recognize the “one-China” . The office Friday Tsai said his government will continue to “seek a constructive dialogue with Beijing.”

However, he added that the sale of US arms “enhances Taiwan’s confidence and ability to maintain the status quo of peace and stability in the Taiwan Strait.” The Taiwan Ministry of Defense said the items sold to strengthen the air and sea combat capabilities and early warning defenses.

The latest US arms sales to Taiwan came under the administration of Barack Obama in December 2015, worth $ 1.83 billion.

The announcement of the arms sale also comes amid a Chinese protest in Washington on Thursday against a bill approved by a committee of the US Senate, which has called for the resumption of visits to the ports at Taiwan by the United States Navy for the first time since 1979.

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