U.S. returns $7 million in confiscated assets to Taiwan after drug trafficking case
This return represents the first instance of such a bilateral asset-sharing agreement under the judicial accord between the US and Taiwan.
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This return represents the first instance of such a bilateral asset-sharing agreement under the judicial accord between the US and Taiwan.
he Ministry of Economic Affairs (MOEA) and Taipower have expressed optimism that timely approval of these allocations by the Cabinet could help the company avoid further financial losses this year.
This meeting comes at a time of heightened tensions in the Taiwan Strait, with the group of six lawmakers emphasizing their commitment to close collaboration in the event of a regional contingency.
Throughout August, Taiwan has reported a total of 233 PLA aircraft and 117 Chinese naval vessels operating around its borders.
The escalation reflects a broader pattern observed this month, with PLA aircraft having been tracked 218 times and Chinese naval vessels 106 times around Taiwan’s airspace and waters.
In response to this latest development, Taiwan dispatched aircraft and naval ships while deploying coastal-based missile systems to monitor the Chinese military activities.
A spokesperson for China's Ministry of Foreign Affairs conveyed the Chinese government's strong stance on the matter, emphasizing its commitment to protecting the rights of Chinese fishermen, including those from Taiwan.
This follows China's June document outlining legal measures for dealing with supporters of Taiwan's independence, the earlier document proposed severe penalties, including the death sentence for those convicted of "splitting the country," with life imprisonment or fixed-term sentences exceeding ten years for others.
From the end of last year to April 12, 2024, visa-free access was revoked for Nauru, Kiribati, and Gambia, while visa-on-arrival was rescinded for Liberia, Cameroon, and Togo, according to MOFA.
The highlight of the day will be a spectacular fly-over by five of Taiwan’s advanced F-16V fighter jets, marking the commencement of the event.
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