HI HR124

Encourages the United States, People's Republic of China, Japan, and Taiwan to pursue diplomatic and collaborative resolution of territorial disputes over islands in the East China Sea (known as Senkaku Islands by Japan, Diaoyu Islands by China, and Tiaoyutai Islands by Taiwan).

Endorses the East China Sea Peace Initiative proposed by Republic of China President Ma Ying-jeou, which calls for parties to refrain from antagonistic actions, maintain dialogue, observe international law, establish a code of conduct, and create mechanisms for cooperative resource development.

Urges all four countries to prioritize long-term mutual economic benefits over short-term political gains in pursuing sovereignty over the disputed islands.

Directs transmission of certified copies of the resolution to the President of the United States, leadership of both chambers of Congress, and the leaders of China, Japan, and Taiwan.