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SENATE MEMORIAL 54

LEGISLATURE

- STATE OF NEW MEXICO -

FIRST SESSION

, 2007

INTRODUCED BY

Ben D. Altamirano

A MEMORIAL

PROMOTING TRADE BETWEEN NEW MEXICO AND TAIWAN, AND URGING THE

UNITED STATES GOVERNMENT TO SIGN A FREE TRADE AGREEMENT WITH

TAIWAN.

WHEREAS, Taiwan and the United States are long-standing

friends and allies, both cherishing the commonly shared values

of freedom, democracy and human rights; and

WHEREAS, Taiwan is the world's seventeenth largest economy

and the United States' eighth largest trading partner as well

as the fifth largest market for the United States' agricultural

products; and

WHEREAS, Taiwan is an important trade partner with New

Mexico, importing products from New Mexico, including computer

and electronic products and agricultural products; and

WHEREAS, Taiwan, as a leading manufacturer of information

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technology products, is an indispensable provider of the global

high-technology industry, and its peace and stability are not

only vital to the Asian Pacific region, but also to the world

economy; and

WHEREAS, Taiwan, as a willing and contributing member of

the world community, has been one of the most active foreign

parties to contribute aid in the aftermath of Hurricane Katrina

and other natural disasters in 2005; and

WHEREAS, the economic growth in trade between New Mexico

and Taiwan is recognized, and New Mexico declares the need for

a free trade agreement between the United States and Taiwan to

further promote economic exchanges and opportunities for

further trade exchanges;

NOW, THEREFORE, BE IT RESOLVED BY THE SENATE OF THE STATE

OF NEW MEXICO that Taiwan be commended on its contributions to

the global community; and

BE IT FURTHER RESOLVED that New Mexico declare its support

of a free trade agreement between the United States and Taiwan

that is mutually beneficial to New Mexico, the United States

and Taiwan; and

BE IT FURTHER RESOLVED that copies of this memorial be

transmitted to the secretary of economic development, members

of New Mexico's congressional delegation, the United States

secretary of state and the United States trade representative

office.