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NJ AR128
Resolution
Status
10/28/2024
Primary Sponsor
Robert Karabinchak
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AI Summary
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Commemorates the 45th anniversary of the Taiwan Relations Act (passed April 10, 1979) and the 35th anniversary of the New Jersey-Taiwan sister state relationship established in 1989
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Recognizes Taiwan as New Jersey's 5th largest export market in Asia, with approximately $723 million in exports in 2023 and over 200 Taiwanese companies investing in the state as of March 2024
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Notes U.S.-Taiwan bilateral trade totaled $127.5 billion in 2023, making Taiwan the 7th largest U.S. trading partner
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Acknowledges Governor Murphy's October 2023 announcement to open Choose New Jersey's Asia Pacific Center in Taiwan and multiple Memorandums of Understanding between Taiwan and state agencies
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Congratulates Taiwan's newly elected President Lai Ching-te and Vice President Hsiao Bi-kihm, and expresses support for closer economic, educational, and scientific partnerships between New Jersey and Taiwan
Legislative Description
Commemorates 45th anniversary of enactment of Taiwan Relations Act and 35th anniversary of New Jersey-Taiwan sister state relationship.
Resolutions and Concurrent Resolutions Filed w/Sec. of State
Last Action
Filed with Secretary of State
10/28/2024