Stock Market News

U.S. House backs measure that would restrict sale of F-16s to Turkey

2022.07.14 23:41

U.S. House backs measure that would restrict sale of F-16s to Turkey
FILE PHOTO: An F-16 fighter jet is seen in the foreground as the space shuttle Endeavour makes a flyby before landing at Edwards Air Force Base in California, September 20, 2012. REUTERS/Gene Blevins

By Patricia Zengerle

WASHINGTON (Reuters) – The U.S. House of Representatives on Thursday approved legislation that would create a new hurdle for President Joe Biden’s plan to sell F-16 fighter jets to Turkey.

The House approved the measure, offered by Democratic Representatives Frank Pallone and Chris Pappas, as an amendment to the annual National Defense Authorization Act, by 244 to 179.

It is the latest effort by members of Congress to exert control over the sale of the Lockheed Martin (NYSE:LMT) aircraft to NATO ally Turkey.

The amendment would bar the United States to sell or transfer the jets to Turkey unless the administration certifies that doing so is essential to U.S. national security and included a description of concrete steps taken to ensure they are not used for repeated unauthorized overflights of Greece.

Senator Bob Menendez, chairman of the Senate Foreign Relations Committee, who reviews major international weapons deal, has said previously he opposed the sale.

However, it is several steps from becoming law. Once the House passes its version of the NDAA – expected later on Thursday – the Senate must approve its version. Then lawmakers must reach a compromise version of the legislation, which authorizes more than $800 billion in defense spending, before voting again later this year.

Many U.S. lawmakers soured on Ankara after its 2019 acquisition of a Russian-made missile defense system, triggering U.S. sanctions as well as Turkey’s removal from the F-35 fighter jet program.

Turkish President Tayyip Erdogan’s increasingly authoritarian grip on power and eroding freedoms for journalists, advocates and rights defenders have also prompted many in Washington to argue against a weapons sale to Turkey.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 94,863.42 0.59%
ethereum
Ethereum (ETH) $ 3,386.28 1.08%
tether
Tether (USDT) $ 0.998308 0.10%
xrp
XRP (XRP) $ 2.19 1.23%
bnb
BNB (BNB) $ 725.39 4.63%
solana
Solana (SOL) $ 194.02 4.27%
dogecoin
Dogecoin (DOGE) $ 0.322292 2.79%
usd-coin
USDC (USDC) $ 1.00 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,382.77 1.00%
cardano
Cardano (ADA) $ 0.887156 0.34%
tron
TRON (TRX) $ 0.257614 1.03%
avalanche-2
Avalanche (AVAX) $ 37.67 0.90%
the-open-network
Toncoin (TON) $ 5.79 0.53%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,028.55 1.74%
chainlink
Chainlink (LINK) $ 21.98 2.92%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 1.92%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 94,713.38 0.53%
sui
Sui (SUI) $ 4.17 0.76%
hedera-hashgraph
Hedera (HBAR) $ 0.289619 3.99%
polkadot
Polkadot (DOT) $ 7.05 0.65%
stellar
Stellar (XLM) $ 0.353973 0.56%
bitget-token
Bitget Token (BGB) $ 7.32 8.76%
weth
WETH (WETH) $ 3,388.30 1.17%
hyperliquid
Hyperliquid (HYPE) $ 28.14 3.56%
bitcoin-cash
Bitcoin Cash (BCH) $ 448.03 0.21%
leo-token
LEO Token (LEO) $ 9.25 0.65%
uniswap
Uniswap (UNI) $ 13.37 0.48%
pepe
Pepe (PEPE) $ 0.000019 4.89%
litecoin
Litecoin (LTC) $ 100.91 2.07%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,572.24 1.17%
near
NEAR Protocol (NEAR) $ 5.25 0.94%
ethena-usde
Ethena USDe (USDE) $ 0.997041 0.09%
usds
USDS (USDS) $ 0.998872 0.31%
aptos
Aptos (APT) $ 9.12 2.49%
internet-computer
Internet Computer (ICP) $ 10.58 2.02%
aave
Aave (AAVE) $ 334.30 2.32%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.485715 0.40%
mantle
Mantle (MNT) $ 1.21 0.49%
crypto-com-chain
Cronos (CRO) $ 0.149745 0.59%
ethereum-classic
Ethereum Classic (ETC) $ 26.43 0.33%
vechain
VeChain (VET) $ 0.046801 0.12%
render-token
Render (RENDER) $ 7.14 0.21%
monero
Monero (XMR) $ 198.11 2.76%
whitebit
WhiteBIT Coin (WBT) $ 24.77 0.76%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.35 0.75%
mantra-dao
MANTRA (OM) $ 3.72 1.54%
bittensor
Bittensor (TAO) $ 467.86 2.56%
dai
Dai (DAI) $ 1.00 0.04%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.35 3.60%
arbitrum
Arbitrum (ARB) $ 0.77139 0.49%