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IL HR0064
Resolution
Status
3/28/2023
Primary Sponsor
William Davis
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AI Summary
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Reaffirms Illinois' commitment to strengthening sister-state ties with Taiwan established in 1992, citing shared values of freedom, democracy, human rights, and the rule of law.
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Supports Illinois businesses referring to Taiwan as Taiwan, R.O.C. based on the 1979 Taiwan Relations Act which stipulates U.S. laws apply to Taiwan.
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Endorses Taiwan's efforts to negotiate a Bilateral Trade Agreement (BTA), Avoidance of Double Taxation Agreement (ADTA), and Indo-Pacific Economic Framework for Prosperity (IPEF) with the United States to strengthen trade and investment.
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Highlights bilateral trade relationship where Taiwan was Illinois' seventh-largest Asian export market in 2021 with $747 million in exports, and Taiwan is the eighth-largest U.S. trading partner overall.
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Supports Taiwan's meaningful participation in international organizations and its contributions to global humanitarian aid and disease control efforts.
Legislative Description
REAFFIRMS-COMMITMENT TO TAIWAN
Last Action
Resolution Adopted
3/28/2023