Text: SCR00013 Text: SCR00015 Text: SCR00000 - SCR00099 Text: SCR Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 SENATE CONCURRENT RESOLUTION NO.
1 2 BY BLACK, BEHN, IVERSON, BOETTGER, and McCOY
1 3 A Concurrent Resolution urging congressional adoption
1 4 of a free trade agreement between Taiwan and the
1 5 United States.
1 6 WHEREAS, Taiwan and the United States have been
1 7 important strategic partners for the past half-
1 8 century; and
1 9 WHEREAS, the economic ties between the United
1 10 States and Taiwan are strong as evidenced by the fact
1 11 that Taiwan was the eighth largest United States
1 12 trading partner in 2001, ranking 10th in terms of
1 13 Taiwan exports to the United States, and eighth in
1 14 terms of United States exports to Taiwan, including
1 15 significant agricultural exports; and
1 16 WHEREAS, the economic relationship between the
1 17 United States and Taiwan is further evidenced by
1 18 investment activity between the two countries, with
1 19 total United States investment in Taiwan of $7.74
1 20 billion at the end of 2000, and total Taiwan
1 21 investment in the United States of $3.22 billion at
1 22 the end of 2000; and
1 23 WHEREAS, the United States Congress has recognized
1 24 the possible benefits of expanded free trade between
1 25 Taiwan and the United States by requesting the U.S.
1 26 International Trade Commission to study the
1 27 possibility of a free trade agreement with Taiwan; and
1 28 WHEREAS, the U.S. International Trade Commission
1 29 study found that eliminating trade barriers between
1 30 the United States and Taiwan would result in a likely
2 1 rise of $3.4 billion in United States exports to
2 2 Taiwan, with exports of food accounting for about $520
2 3 million, and a likely rise of $7 billion in United
2 4 States imports from Taiwan; and
2 5 WHEREAS, the U.S. International Trade Commission
2 6 further found that eliminating trade barriers between
2 7 the United States and Taiwan would have a negligible
2 8 impact on United States production and gross domestic
2 9 product and would have a small, but positive, impact
2 10 on the production and gross domestic product of
2 11 Taiwan; NOW THEREFORE,
2 12 BE IT RESOLVED BY THE SENATE, THE HOUSE OF
2 13 REPRESENTATIVES CONCURRING, That the Iowa General
2 14 Assembly strongly urges the President of the United
2 15 States and Congress to eliminate trade barriers with
2 16 Taiwan by negotiating and adopting a free trade
2 17 agreement between the United States and Taiwan; and
2 18 BE IT FURTHER RESOLVED, That copies of this
2 19 Resolution be sent to the President of the United
2 20 States, the President of the United States Senate, the
2 21 Speaker of the United States House of Representatives,
2 22 and to all members of Iowa's congressional delegation.
2 23 LSB 2312SS 80
2 24 ec/sh/8.1
Text: SCR00013 Text: SCR00015 Text: SCR00000 - SCR00099 Text: SCR Index Bills and Amendments: General Index Bill History: General Index
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