IATA Seeks to Avert Chinese Sanctions on Taiwan Deal

2 February 2010 (Last Updated February 2nd, 2010 18:30)

The International Air Transport Association (IATA) has called for talks with China to avert sanctions the country plans to impose on US parties involved in a $6.4bn military deal with Taiwan. The deal, approved by the US Government, includes orders for 60 Black Hawk helicopters, 114 Pat

The International Air Transport Association (IATA) has called for talks with China to avert sanctions the country plans to impose on US parties involved in a $6.4bn military deal with Taiwan.

The deal, approved by the US Government, includes orders for 60 Black Hawk helicopters, 114 Patriot missiles and systems from Boeing, United Technologies, Lockheed Martin and Raytheon, according to the Financial Times.

China plans to impose unspecified sanctions on the suppliers to show its disapproval for the arms sales to Taiwan.

China has decided to partially halt the upcoming military exchange programmes with the US, and talks on strategic security, arms control and anti-proliferation that were to take place in near future.

The Chinese sanctions are expected to hurt Boeing and Airbus the most, according to the Financial Times.