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House Memorial 1
A memorial to the United States Department of State, 2
urging the inclusion of Taiwan in the Indo -Pacific 3
Economic Framework (IPEF), a regional multilateral 4
economic agreement announced by the White House in 5
spring 2022 that is designed to promote trade policy 6
collaboration among IPEF nations as well as counter 7
China's economic influence in the Asia -Pacific region. 8
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WHEREAS, the economy of Taiwan is one of the str ongest and 10
wealthiest in the Indo -Pacific region with a gross domestic 11
product (GDP) of approximately $660 billion in 2021, and 12
WHEREAS, Taiwan has a larger GDP than seven of the fourteen 13
countries that are already members of the Indo -Pacific Economic 14
Framework (IPEF), and 15
WHEREAS, an estimated $105.9 billion of trade was conducted 16
between the United States and Taiwan in the year 2020, making 17
Taiwan a major trading partner in the Indo -Pacific region, and 18
WHEREAS, Taiwan's semiconductor manufacturing indu stry is 19
the finest in the world with one firm alone accounting for more 20
than 50 percent of the global market, and 21
WHEREAS, semiconductors manufactured by Taiwanese 22
enterprises are used in much of the United States' defense 23
technology and infrastructure, a nd maintaining seamless access 24
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to these resources is critical to the United States' national 25
security, and 26
WHEREAS, President Biden's administration has stated that a 27
goal of the IPEF is to harness technological innovation and 28
fortify the economies of its members against fragile supply 29
chains and corruption, and 30
WHEREAS, underscoring the importance of the United States -31
Taiwan relationship and signaling this partnership's vitality to 32
the People's Republic of China is in the United States' interest 33
and could deter Chinese aggression against Taiwan, and 34
WHEREAS, in 2013, Taiwan signed economic association 35
agreements with New Zealand and Singapore, both of which are 36
members of the IPEF, and 37
WHEREAS, the Taiwanese government has asked the United 38
States Trade Representative to be included in the IPEF, NOW, 39
THEREFORE, 40
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Be It Resolved by the House of Representatives of the State of 42
Florida: 43
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That the United States Department of State is urged to make 45
appropriate arrangements to invite Taiwan to participate i n 46
Indo-Pacific Economic Framework negotiations to improve economic 47
collaboration and prosperity in the Indo -Pacific region. 48
BE IT FURTHER RESOLVED that the Secretary of State dispatch 49
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copies of this memorial to the President of the United States, 50
to the Secretary of State of the United States, to the President 51
of the United States Senate, to the Speaker of the United States 52
House of Representatives, and to each member of the Florida 53
delegation to the United States Congress. 54