Taiwan President says he ‘won't give up’ on defence spending after Parliament cuts

🌐 The Hindu (TW) —
Taiwan President says he ‘won't give up’ on defence spending after Parliament cuts

AI Summary

Taiwan President Lai Ching-te expressed a firm stance on increasing defence spending to 5% of GDP by 2030 despite recent parliamentary cuts. The current defence budget stands at approximately 3%, reflecting ongoing national security priorities amid regional tensions.

Taiwan President Lai Ching-te wants to increase defence spending to 5% of GDP by 2030 from around 3% currently

World Security Conflict Politics Taiwan defence spending Lai Ching-te parliament cuts military budget national security GDP Asia

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