US HB3563

Taiwan would be treated as a "NATO Plus" country for 5 years for purposes of Foreign Military Sales notifications and arms export procedures, receiving the same congressional notification thresholds as Japan, Australia, South Korea, Israel, and New Zealand

The enhanced status applies to multiple sections of the Arms Export Control Act governing defense article sales, commercial sales, and leasing arrangements

Secretary of State may extend the treatment for additional 5-year periods by determining it serves U.S. national security interests and notifying Congress 14 days before each extension

Taiwan is currently the 7th largest U.S. trading partner in goods and was the largest Foreign Military Sales customer in fiscal year 2020, with over $41 billion in FMS notified to Congress since 2010

Since 2017, Congress has approved numerous defense systems for Taiwan including HIMARS, F-16 C/D jets, MK 48 torpedoes, Harpoon Coastal Defense Systems, and Stinger air defense systems