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Taiwan will increase future defence spending by two percent each year, President Tsai Ing-wen said during a visit to Hawaii where the United States expressed concern over a possible military imbalance in the Taiwan Straits, Taiwan media reported.
In the event that Taiwan purchases arms from a foreign military, the island's defense spending could increase as much as three percent each year, and could possibly increase further using a special budget if "significant purchase cases" are made, Tsai said in remarks carried by official media on Monday.
Tsai made the comments in response to US concerns about a possible military imbalance in the Taiwan Strait expressed by Ambassador James Moriarty during a meeting. Tsai did not elaborate on when the increased defense spending would start.
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