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US Support for Taiwan's Membership in Inter-American Development Bank

This bill aims to support Taiwan in gaining full membership in the Inter-American Development Bank (IDB). These actions could strengthen economic cooperation and development aid in Latin America and the Caribbean, indirectly impacting regional stability and trade opportunities. US citizens may benefit from increased economic stability in the region, potentially leading to better conditions for American businesses and investments.
Key points
The U.S. will actively support Taiwan's bid to join the Inter-American Development Bank as a non-borrowing member.
The Secretary of State and the Secretary of the Treasury will regularly report to Congress on the progress of this initiative.
Taiwan's inclusion aims to strengthen development cooperation and stability in the Latin American and Caribbean region.
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Expired
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Additional Information
Print number: 117_S_3090
Sponsor: Sen. Menendez, Robert [D-NJ]
Process start date: 2021-10-27
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to address the participation of Taiwan in the Inter-American Development Bank.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3090.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-10-27.

What are the main provisions?

Key points include:

  • The U.S. will actively support Taiwan's bid to join the Inter-American Development Bank as a non-borrowing member.
  • The Secretary of State and the Secretary of the Treasury will regularly report to Congress on the progress of this initiative.
  • Taiwan's inclusion aims to strengthen development cooperation and stability in the Latin American and Caribbean region.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Menendez, Robert [D-NJ].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Public Investments