Strengthening US-Taiwan Partnership: Trade, Defense, and Countering Coercion.
This legislation aims to significantly deepen the US relationship with Taiwan across defense, economic, and diplomatic fronts, specifically addressing growing challenges from China. It mandates efforts to negotiate a free-trade agreement and establishes strategies to protect US businesses and non-governmental entities from foreign political censorship and coercion. The law reinforces regional stability and supports democratic values, potentially benefiting US economic interests through new trade opportunities.
Key points
Increased military cooperation and invitations for Taiwan to participate in joint exercises to enhance deterrence in the Taiwan Strait.
Prioritizing the negotiation of a high-standard free-trade agreement with Taiwan to boost economic ties.
Prohibiting the US government from recognizing China's sovereignty claims over Taiwan without the democratic consent of the Taiwanese people.
Developing strategies to protect US companies and organizations from political pressure and censorship imposed by the Chinese government.
Expired
Additional Information
Print number: 118_S_3110
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-10-24