Louisiana House Bill HR2

Louisiana 2018 Regular Session

• Introduced: 3/12/18
• Passed: 3/15/18

Caption

Encourages closer economic relationship between the U.S. and the Republic of China (Taiwan) and the negotiation of a bilateral trade agreement between two countries

Impact

If implemented, HR2 would significantly enhance the economic and cultural ties between the U.S. and Taiwan. The resolution supports initiatives such as the Taiwan's five-plus-two innovative industries initiative, which aims at strengthening trade and investment between the two countries. This could lead to new opportunities for American businesses in Taiwan and vice versa, as well as a boost in job creation on both sides. Additionally, promoting mutual recognition of noncommercial driver's licenses is noted as a practical step towards improving trade relations and facilitating easier travel for citizens engaged in business and tourism.

Summary

House Resolution No. 2 (HR2) was introduced to encourage a closer economic relationship between the United States and Taiwan, promoting the negotiation of a bilateral trade agreement. The resolution emphasizes the longstanding ties between the two nations, highlighting the mutual economic benefits to be gained, with trade figures between the U.S. and Taiwan reaching $68.2 billion in 2017. Legislative representatives underscore Taiwan's vital role not only in trade but also as a strategic partner in the Asia-Pacific region, especially given its successful transition to democracy and its increasing participation in international organizations.

Sentiment

The general sentiment surrounding HR2 appears to be positive, with strong bipartisan support indicating a recognition of the importance of Taiwan as a partner. Representatives commend the historical sister-state relationship that has benefited Louisiana, suggesting the continuation of such sentiments will foster further collaboration. Critics or dissenting opinions may arise from concerns about the geopolitical implications of strengthening ties with Taiwan, especially in light of the tensions with China; however, the resolution itself does not present these concerns.

Contention

While HR2 is largely supportive in its tone, there may be underlying tensions pertaining to the recognition of Taiwan on the international stage. Proposals for Taiwan's inclusion in various global organizations signify a push against potential pushback from other nations, particularly China. The resolution aims for a balance between fostering economic ties and addressing the complexities of international diplomacy, raising questions about how to navigate these relationships responsibly without exacerbating geopolitical tensions.