House passes bill supporting Taiwan’s role in international monetary fund

House passes bill supporting Taiwan’s role in international monetary fund
U.S. Representative Young Kim, District 40 — Official Website
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The House of Representatives has passed the Taiwan Non-Discrimination Act (H.R. 910), a bipartisan initiative led by U.S. Representatives Young Kim and Al Green. The bill aims to support Taiwan’s participation in the International Monetary Fund (IMF).

Congresswoman Young Kim emphasized Taiwan’s significance, stating, “Taiwan – the 21st largest economy in the world and producer of 90 percent of the world’s advanced semiconductor chip supply – doesn’t just deserve a seat at the table at the IMF. The free world needs Taiwan at the IMF.” She further expressed gratitude to her colleagues for their support and commitment to advancing this legislation.

Congressman Al Green expressed satisfaction with collaborating on H.R. 910, describing it as a “common sense, bipartisan measure” that benefits both Taiwan and the U.S. He highlighted Taiwan’s economic expertise as an asset to multilateral organizations.

The act mandates that the U.S. governor of the IMF advocate for several objectives: Taiwan’s membership in the IMF, participation in surveillance activities related to its economic policies, employment opportunities for Taiwanese nationals at the IMF, and access to technical assistance and training from the organization.

Senate companion legislation has been introduced by Senators Dave McCormick, Jacky Rosen, Dan Sullivan, and Elissa Slotkin.

Reps. Kim and Green previously introduced similar legislation during the 118th Congress, which passed in January 2024. Additionally, Rep. Kim led a successful bipartisan effort in May 2022 to restore Taiwan’s observer status within international health organizations.



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