American Chamber of Commerce in Taiwan Urges Swift Passage of H.R. 7372

TAIPEI, TAIWAN – The American Chamber of Commerce in Taiwan fervently supports bill H.R. 7372, currently pending in the House of Representatives. The Chamber urges all members of Congress to take early action to pass this critical legislation.

“While this bill is a lifeline for Ukraine, it also carries crucial benefits for the Asia-Pacific region, particularly Taiwan,” stated Dan Silver, Chairperson of AmCham Taiwan. “Passage of H.R. 7372 is essential to bolster Taiwan’s security posture, deter aggression, and maintain regional stability.”

Passage of the bill would have a direct impact on Taiwan’s security by providing it with critical resources necessary to strengthen its defense capabilities and address imbalances in security across the Taiwan Strait. “Delaying or weakening this vital legislation puts Taiwan in a more vulnerable position, jeopardizing the security and economic well-being of one of the United States’ most important trade partners,” stated Silver.

Noting ripple effects beyond Ukraine, the Chamber expresses deep concern about the wider implications of weakened Ukrainian defense, particularly for the Asia-Pacific
region. A key concern is the potential for a “domino effect” emboldening aggression elsewhere. The increased global instability, including potential nuclear proliferation, also carries the risk of diverting resources and attention away from the Asia-Pacific.

Equally concerning is that failing to pass H.R. 7372 would erode trust in the United States’ commitment to its allies and partners, including Taiwan.

Inaction on the legislation would undermine regional stability and create an environment susceptible to misinformation campaigns. It would also weaken the standing of U.S. businesses, which rely on trust in America’s commitment to upholding the highest standards.

This issue is not solely about Ukraine or Taiwan; other potential allies in the Asia-Pacific region are closely watching the United States’ response. Swift and decisive passage of H.R. 7372 would send a strong signal of U.S. commitment to its principles and leadership in the region, fostering trust and cooperation with our allies.

Timely action is essential. In recognition of the urgency of the situation, AmCham Taiwan calls on Congress to swiftly pass H.R. 7372. Delaying or weakening this crucial legislation jeopardizes Ukraine, Taiwan, and the broader international order. “The United States has a longstanding partnership with Taiwan, and we remain confident that sustained peace and economic opportunity are best achieved when we live up to our historical values and reinforce our principles-based leadership,” said Silver.

About AmCham Taiwan

Founded in 1951, the American Chamber of Commerce in Taiwan is the second oldest American Chamber in Asia and the voice for U.S. business in Taiwan. Its more than 1,200 members represent nearly 600 multinational companies.

For more information, please contact:
Fernando Chen
Senior Manager of Government and Public Affairs Department
02-27188226 ext. 213 [email protected]