Encourages closer economic ties between the United States and the Republic of China (Taiwan) and supports its meaningful participation in various international organizations.
The resolution suggests that both nations stand to benefit significantly from the negotiation of a bilateral trade agreement (BTA) and enhancement of existing frameworks such as the Trade and Investment Framework Agreement (TIFA) and Digital Economy Forum (DEF). Additionally, it notes that there have been numerous agricultural procurement missions from Taiwan to secure multibillion-dollar agreements, further solidifying economic ties. The context provided in the resolution reinforces that Taiwan is a leader in innovation and economic development, which aligns with U.S. interests.
SCR33, also known as the Concurrent Resolution No. 33, encourages the strengthening of economic relations between the United States and the Republic of China (Taiwan). It highlights the longstanding partnership shaped by mutual economic, cultural, and strategic interests. The resolution places emphasis on the substantial bilateral trade that reached $76 billion in 2018, indicating Taiwan's status as the eleventh largest trading partner for the U.S. This relationship includes key agreements aimed at facilitating trade and enhancing collaboration across various sectors.
The sentiment surrounding SCR33 is predominantly positive, reflecting an encouraging stance towards fostering closer ties with Taiwan. Supporters view this resolution as a forward step in terms of economic cooperation and cultural exchange, recognizing Taiwan’s contributions to peace and stability in the Asia-Pacific region. This is evidenced by legislative actions reinforcing the U.S.-Taiwan relations, such as the Taiwan Travel Act and ongoing cooperative initiatives in areas including public health and technology.
While the resolution expresses support for Taiwan’s participation in international organizations, potential points of contention may arise from Taiwan's quest for greater international presence amid geopolitical tensions. Although SCR33 serves as a declaration of intent to strengthen ties, it does not mandate specific actions, leaving room for interpretation and possible disputes regarding the extent of U.S. support for Taiwan in the face of varying international sentiments.