Oklahoma 2022 Regular Session

Oklahoma House Bill HCR1018

Introduced
4/12/22  

Caption

A Concurrent Resolution encouraging further economic and cultural ties between the State of Oklahoma and Taiwan; distribution.

Impact

The passage of HCR1018 would symbolize Oklahoma's commitment to enhancing its economic and cultural ties with Taiwan, potentially leading to a more robust bilateral trade agreement. The resolution supports the establishment of an Oklahoma Trade and Investment Office in Taiwan, which could facilitate trade and investment opportunities for small- and medium-sized businesses in Oklahoma. Additionally, it aims to promote Taiwan's participation in major international organizations, thereby elevating its global standing and fostering collaboration on shared values such as democracy and human rights.

Summary

HCR1018 is a Concurrent Resolution from the Oklahoma Legislature that seeks to encourage and strengthen the economic, cultural, and commercial relations between the State of Oklahoma and Taiwan. The resolution highlights the long-standing friendship and cooperative ties between the United States and Taiwan, particularly under the framework of the Taiwan Relations Act. It recognizes Taiwan as an important partner in global supply chains and as a significant trading partner for the United States, noting that bilateral trade reached substantial figures in recent years, particularly in agricultural products.

Sentiment

Overall, the sentiment surrounding HCR1018 appears to be positive, reflecting a proactive approach to international relations and trade. Legislators supporting the resolution emphasize the benefits of closer ties with Taiwan, particularly in light of Taiwan's contributions during global crises, such as the provision of personal protective equipment during the COVID-19 pandemic. This resolution aligns with broader strategic interests in maintaining strong partnerships with democratic allies in the Asia-Pacific region.

Contention

Although the resolution is largely supportive, it may face scrutiny regarding the specifics of economic engagement—such as the implications of expanded trade agreements and the impact on local industries. Furthermore, there could be discussions around the perceived risks of increasing economic dependence on Taiwan as geopolitical sentiments evolve. Nonetheless, advocates of the resolution argue that fostering ties with Taiwan is essential for economic growth and regional stability.

Companion Bills

No companion bills found.

Previously Filed As

OK SCR19

Concurrent resolution; encouraging further economic ties and friendship between the state of Oklahoma and Taiwan.

OK HCR1005

Concurrent Resolution; economic contributions and value of Taiwan; distribution.

OK SCR8

Concurrent resolution; encouraging further partnership between Oklahoma and Taiwan; supporting Taiwan's participation in international organizations; celebrating Taiwan Relations Act anniversary.

OK SCR8

Concurrent resolution; encouraging further partnership between Oklahoma and Taiwan; supporting Taiwan's participation in international organizations; celebrating Taiwan Relations Act anniversary.

OK SC546

Encouraging further economic activity between Mississippi and Taiwan.

OK HR1002

A Resolution encouraging establishment of Oklahoma Trade and Investment Office in Taiwan; distribution.

OK SCR58

To encourage further economic ties and friendship between the state of Louisiana and the Republic of China (Taiwan).

OK SR73

Requests the Department of Economic Development to encourage further economic ties between the state of Louisiana and Taiwan.

OK SCR47

Encourages further economic ties and friendship between Louisiana and the Republic of China (Taiwan).

OK SC541

Encourage further economic ties between Mississippi and Taiwan.

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