SJR47: Joint Resolution Text

LRB-2249/1

SRM:wlj:jf

2007 - 2008 LEGISLATURE

2007 Senate JOINT RESOLUTION 47

May 3, 2007 - Introduced by Senators A. Lasee, Schultz and Leibham, cosponsored by Representatives Gronemus, M. Williams, Gottlieb, Kreuser, Schneider, Molepske and Garthwaite. Referred to Committee on Senate Organization.

SJR47,1,1 Relating to: supporting a Taiwan-United States free trade agreement.

SJR47,1,3 Whereas, Taiwan and the United States enjoy one of the most important economic and strategic international relationships; and

SJR47,1,5 Whereas, together, Taiwan and the United States promote a faith and respect for freedom, democracy, and fair trade; and

SJR47,1,8 Whereas, Taiwan and the United States have worked hand-in-hand to preserve peace and stability within Asia-Pacific and to help improve the lives of their citizens and people around the world; and

SJR47,1,12 Whereas, trade between Taiwan and the United States has increased significantly during the past decades, with the United States being Taiwan's second-largest source of imports and Taiwan being the eighth largest trading partner of the United States; and

SJR47,2,2 Whereas, Taiwan is a major trading partner with the United States and an important overseas market for United States agricultural products; given the remarkable economic performance of Taiwan and the strong purchasing power of its 23 million people, there are many opportunities to further expand bilateral trade between the United States and Taiwan; and

SJR47,2,6 Whereas, streamlined foreign investment procedures developed under a Taiwan-United States free trade agreement would lead to further investment by firms in both Taiwan and the United States and would create new business opportunities and new jobs; and

SJR47,2,10 Whereas, a Taiwan-United States free trade agreement would encourage greater innovations and manufacturing efficiencies by stimulating joint technological development, practical applications, and new cooperative ventures; and

SJR47,2,14 Whereas, a recent study by the United States International Trade Commission supports the negotiation of a Taiwan-United States free trade agreement to further boost trade between the two countries and serve the broader interests of the United States in Asia-Pacific; now, therefore, be it

SJR47,2,17 Resolved by the senate, the assembly concurring, That the members of the Wisconsin assembly support the negotiation of a Taiwan-United States free trade agreement; and, be it further

SJR47,2,19 Resolved, That the senate chief clerk shall provide a copy of this resolution to the Taipei Economic and Cultural Office in Chicago, Illinois.

SJR47,2,20 (End)