"This report, updated as warranted, discusses U.S. security assistance to Taiwan, or Republic of China (ROC), including policy issues for Congress and legislation. The Taiwan Relations Act (TRA), P.L. 96-8, has governed U.S. arms sales to Taiwan since 1979, when the United States recognized the People's Republic of China (PRC) instead of the ROC. Two other relevant parts of the 'one China' policy are the August 17, 1982, U.S.-PRC Joint Communique and the "Six Assurances" made to Taiwan. U.S. arms sales to Taiwan have been significant. […]. Several policy issues are of concern to Congress for legislation, oversight, or other action. One issue concerns the effectiveness of the Administration in applying leverage to improve Taiwan's self-defense as well as to maintain peace and stability. Another issue is the role of Congress in determining security assistance, defense commitments, or policy reviews. A third issue concerns the effectiveness of the Administration's management of cross-strait stability. The fundamental issue is how conflict might be best prevented. Legislation in the 110th Congress includes S. 1565 to authorize a sale of excess naval minehunters. On October 2, 2007, the House passed H.Res. 676 that urged the President to consider Taiwan's interest in buying F-16C/D fighters, as consistent with the TRA. The Administration has not accepted Taiwan's formal request for pricing data, although the LY has approved funds."
CRS Report for Congress, RL30957