HR 1051 Summary

• Celebrates the 34th anniversary of Oklahoma and Taiwan's Sister-State relationship, which began on July 25, 1980

• Recognizes Taiwan as the United States' tenth largest trading partner, with bilateral trade reaching $63 billion in 2012

• Supports negotiations for a Bilateral Investment Agreement (BIA) and potential Free Trade Agreement (FTA) between Taiwan and the United States to increase Oklahoma exports and trade facilitation

• Welcomes Honorable Director General Steve Hsia of the Taipei Economic and Cultural Office in Houston to the Oklahoma House of Representatives

• Acknowledges Taiwan's membership in the U.S. Visa Waiver Program (effective November 1, 2012) and interest in participating in the Trans-Pacific Partnership (TPP)