Senate Concurrent Resolution 1045 Summary

• Supports negotiation of a United States-Taiwan bilateral trade agreement and Taiwan's inclusion in the Indo-Pacific Economic Framework

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

• Recognizes Taiwan as the 9th largest U.S. trading partner with $135.6 billion in trade volume in 2022, with Arizona exporting $765 million in goods to Taiwan and supporting over 7,895 jobs

• Acknowledges Taiwan Semiconductor Manufacturing Company's $40 billion investment in Arizona for advanced manufacturing facilities expected to create 10,000 high-paying jobs

• Affirms Arizona and Taiwan's sister-state relationship established July 28, 1980, and encourages continued bilateral cooperation in economic, trade, technology, education, and cultural sectors