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AR SR7

Resolution

Status

Passed

2/11/2015

Primary Sponsor

Jon Woods

Click for details

Origin

Senate

90th General Assembly (2015 Regular)

AI Summary

  • Commends the 32-year sister-state relationship between Taiwan and Arkansas, established in 1983, and the sister-city relationship between Kaohsiung and Little Rock
  • Recognizes Taiwan as the world's 21st largest economy with over $426 billion in foreign exchange reserves and acknowledges the May 2014 Memorandum of Understanding between Taiwan and Arkansas regarding mutual recognition of driver's licenses
  • Supports establishment of an Arkansas Trade Office in Taipei in 2015 to facilitate investment and trade opportunities between Arkansas and Taiwan
  • Encourages closer economic relationships between Taiwan and the United States through negotiation of a free trade agreement, bilateral investment agreement, and Taiwan's membership in the Trans-Pacific Partnership, which could result in nearly $78 billion in economic gains
  • Supports Taiwan's participation in the International Civil Aviation Organization and the United Nations Framework Convention on Climate Change

Legislative Description

To Commend Taiwan And The State Of Arkansas For Their Sister-state Relationship And To Encourage Its Further Economic Development.

Last Action

Sine Die adjournment

4/22/2015

Full Bill Text

No bill text available