arrow_back Back to App

US Support for Taiwan's Full Participation in International Financial Institutions.

This Act mandates the US government to actively support Taiwan's membership in the International Monetary Fund (IMF) and its full participation in the Fund's activities, such as economic surveillance and technical assistance. The goal is to enhance global economic stability by integrating Taiwan, the world's 21st largest economy, into key international financial structures. This action reinforces US foreign policy and promotes global financial transparency.
Key points
The US Governor of the IMF must vigorously support Taiwan's admission as a member and ensure its access to technical assistance and training.
The Act requires that Taiwan nationals receive fair employment opportunities at the IMF, regardless of Taiwan's membership status.
The US Treasury Secretary must report annually to Congress on efforts to secure greater participation for Taiwan in international financial institutions.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_540
Sponsor: Rep. Kim, Young [R-CA-40]
Process start date: 2023-01-26