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IN SR0021
Resolution
AI Summary
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Reaffirms Indiana's sister-state relationship with Taiwan (Republic of China) established in 1979, recognizing shared democratic values and bilateral trade, educational, and cultural exchange.
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Notes Taiwan is Indiana's fourth largest export market in Asia with $251 million in exports in 2013 (6.45% growth from 2012), and the U.S. ranks as Taiwan's third largest trading partner with $57.7 billion in bilateral trade in 2013.
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Supports Taiwan's entry into the Trans-Pacific Partnership and negotiation of a Bilateral Investment Agreement and Free Trade Agreement with the U.S. to increase exports and enable tariff reduction and trade facilitation.
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Directs the Secretary of the Senate to transmit copies of the resolution to members of Indiana's Congressional delegation and the Taipei Economic and Cultural Office in Chicago, Illinois.
Legislative Description
A SENATE RESOLUTION reaffirming the sister-state relationship between Taiwan and the State of Indiana and supporting Taiwan's efforts to secure entry to the Trans-Pacific Partnership and the signing of the Free Trade Agreement and Bilateral Investment Agreement with the U.S.