Taiwan Peace and Stability Act: Strengthening Relations and Security
This act aims to strengthen Taiwan's international standing, foster economic cooperation, and enhance its defense capabilities. These measures seek to ensure peace and stability in the region, indirectly impacting global security and economic stability, as well as the availability of goods and services, including technological ones, for citizens.
Key points
Support for Taiwan's participation in international organizations, potentially increasing its influence on global decisions regarding health, aviation, or technology.
Development of economic cooperation between the U.S. and Taiwan, which could lead to new trade and investment opportunities, affecting product prices and availability.
Strengthening Taiwan's defense capabilities, aiming to maintain peace in the region and reduce the risk of conflicts that could destabilize the global economy and supply chains.
Expired
Additional Information
Print number: 117_HR_3972
Sponsor: Rep. Bera, Ami [D-CA-7]
Process start date: 2021-06-17