S-4241 : Still Just a Bill

The TAIWAN Security Act, or S. 4241, aims to strengthen defense cooperation between the United States and Taiwan. Key provisions include:

• Enhanced Defense Industrial Base Cooperation: Directs the Secretary of Defense to consider Taiwan for activities that align with the United States National Defense Industrial Strategy. This includes expanding global defense production, increasing supply chain security, and meeting Taiwan's defense needs.
• Cooperative Projects: Considers Taiwan's eligibility for funding to support cooperative research, development, testing, and evaluation projects with the Department of Defense.
• Formal Agreements: Explores the possibility of Taiwan entering into formal agreements with the Department of Defense for cooperative research and development projects, focusing on enhancing Taiwan's defense industry and supply chain resilience.
• Feasibility Study: Mandates a study, in coordination with the Secretary of State, the Government of Taiwan, and representatives of the United States defense industry, on the feasibility and advisability of entering into one or more defense industrial agreements with Taiwan. This study will evaluate strategic benefits, legal and economic aspects, and defense policy implications.
• Report: Requires the Secretary of Defense to submit a report to the Committees on Armed Services of the Senate and the House of Representatives on the results of the feasibility study within 180 days of the Act's enactment.