AZ SCR1027

Supports negotiation of a United States-Taiwan Bilateral Trade Agreement to foster open and fair trade, create export opportunities, and stimulate economic growth for both countries.

Recognizes Taiwan as Arizona's seventh largest export market in 2016 with $396.87 million in exports, supporting an estimated 5,524 jobs in Arizona through Taiwanese-affiliated companies.

Affirms U.S.-Taiwan trade significance, with Taiwan ranking as the tenth largest U.S. trading partner in 2016 at $65.3 billion in total trade and supporting approximately 329,853 American jobs.

Supports Taiwan's meaningful participation in international organizations including INTERPOL, World Health Organization, International Civil Aviation Organization, and United Nations Framework Convention on Climate Change.

References Arizona's sister-state relationship with Taiwan established in 1980 and prior legislative support for U.S.-Taiwan trade and investment agreements.