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HI SR55

Resolution

Status

Introduced

3/14/2012

Primary Sponsor

Carol Fukunaga

Click for details

Origin

Senate

2012 Regular Session

AI Summary

  • Encourages the Democratic People's Republic of Korea (North Korea) to join the Asia-Pacific Economic Cooperation's Business Advisory Council working group alongside the Republic of Korea (South Korea).

  • Proposes that Hawaii host a signing ceremony admitting North Korea to the APEC Business Advisory Council Working Group and invites North Korean leader Kim Jong Un to attend in person.

  • Cites the 2011 APEC conference in Honolulu where South Korea emphasized the importance of collaboration between large enterprises and small/medium enterprises for economic development in the Asia-Pacific region.

  • References the South Korea-United States Free Trade Agreement, which eliminates 95% of tariffs on goods within five years, as a potential economic benefit from North Korea-South Korea partnership.

  • Directs transmission of certified copies to the President, congressional leaders, Secretary of State, U.S. Trade Representative, North Korean leader, South Korean President, Hawaii's congressional delegation, and APEC leadership.

Legislative Description

Encouraging North Korea to Join APEC Working Group

Last Action

(S) Referred to EDT/TIA.

3/16/2012

Committee Referrals

Economic Development and Technology3/16/2012

Full Bill Text

No bill text available