Text: HCR00018 Text: HCR00020 Text: HCR00000 - HCR00099 Text: HCR Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 HOUSE CONCURRENT RESOLUTION NO.
1 2 BY BELL, GIPP, and EICHHORN
1 3 (COMPANION TO 2312SS BY BLACK)
1 4 A Concurrent Resolution urging congressional adoption
1 5 of a free trade agreement between Taiwan and the
1 6 United States.
1 7 WHEREAS, Taiwan and the United States have been
1 8 important strategic partners for the past half-
1 9 century; and
1 10 WHEREAS, the economic ties between the United
1 11 States and Taiwan are strong as evidenced by the fact
1 12 that Taiwan was the eighth largest United States
1 13 trading partner in 2001, ranking 10th in terms of
1 14 Taiwan exports to the United States, and eighth in
1 15 terms of United States exports to Taiwan, including
1 16 significant agricultural exports; and
1 17 WHEREAS, the economic relationship between the
1 18 United States and Taiwan is further evidenced by
1 19 investment activity between the two countries, with
1 20 total United States investment in Taiwan of $7.74
1 21 billion at the end of 2000, and total Taiwan
1 22 investment in the United States of $3.22 billion at
1 23 the end of 2000; and
1 24 WHEREAS, the United States Congress has recognized
1 25 the possible benefits of expanded free trade between
1 26 Taiwan and the United States by requesting the U.S.
1 27 International Trade Commission to study the
1 28 possibility of a free trade agreement with Taiwan; and
1 29 WHEREAS, the U.S. International Trade Commission
1 30 study found that eliminating trade barriers between
2 1 the United States and Taiwan would result in a likely
2 2 rise of $3.4 billion in United States exports to
2 3 Taiwan, with exports of food accounting for about $520
2 4 million, and a likely rise of $7 billion in United
2 5 States imports from Taiwan; and
2 6 WHEREAS, the U.S. International Trade Commission
2 7 further found that eliminating trade barriers between
2 8 the United States and Taiwan would have a negligible
2 9 impact on United States production and gross domestic
2 10 product and would have a small, but positive, impact
2 11 on the production and gross domestic product of
2 12 Taiwan; NOW THEREFORE,
2 13 BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES, THE
2 14 SENATE CONCURRING, That the Iowa General Assembly
2 15 strongly urges the President of the United States and
2 16 Congress to eliminate trade barriers with Taiwan by
2 17 negotiating and adopting a free trade agreement
2 18 between the United States and Taiwan; and
2 19 BE IT FURTHER RESOLVED, That copies of this
2 20 Resolution be sent to the President of the United
2 21 States, the President of the United States Senate, the
2 22 Speaker of the United States House of Representatives,
2 23 and to all members of Iowa's congressional delegation.
2 24 HCR 19
2 25 ec/es/25
Text: HCR00018 Text: HCR00020 Text: HCR00000 - HCR00099 Text: HCR Index Bills and Amendments: General Index Bill History: General Index
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