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HI SR8

Resolution

Status

Passed

4/17/2014

Primary Sponsor

Brickwood Galuteria

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Urges the President and Congress of the United States to support Taiwan's (Republic of China) participation in the Trans-Pacific Partnership (TPP)

  • Highlights Taiwan's status as the 18th largest economy globally and 10th largest in the Asia-Pacific Economic Cooperation, with critical roles in semiconductor foundry, LED panel, machinery, and auto parts industries

  • Notes that Taiwan has signed economic agreements with New Zealand and Singapore (TPP members) and conducts 35 percent of its total foreign trade with the 12 TPP member countries

  • Cites a 2013 Chung-Hua Institution for Economic Research report projecting that Taiwan's TPP participation would generate $78 billion in social welfare benefits for all TPP members

  • Directs transmission of the resolution to the President, Congressional leadership, the State Department, the U.S. Trade Representative, Hawaii's congressional delegation, the Governor of Hawaii, and Taiwan's Taipei Economic and Cultural Office in Honolulu

Legislative Description

Taipei; Trans-Pacific Partnership

Last Action

Certified copies of resolutions sent, 06-04-14.

6/6/2014

Committee Referrals

Transportation and International Affairs1/23/2014

Full Bill Text

No bill text available