Mr. ROSS. Mr. Speaker, Taiwan, our dearest friend and closest ally in East Asia, is celebrating their 102nd birthday on October 10 of this year, known as ``Double Ten'' day given it is the tenth day of the tenth month.
Taiwan and the United States' strong relationship is based on the common standard that human rights, democracy and the rule of law are critical to maintaining a flourishing society. Both nations do not just speak of these as theories, but create environments for which they can be attained.
Because of this friendship, there are a few areas that I would like to shine a light in the hopes of strengthening Taiwan's global standing.
First of all, I would like to see a Bilateral Investment Agreement, BIA, between the United States and Taiwan as soon as possible. The protections afforded in a BIA are greater than what currently exists. This BIA will give investors of both countries greater confidence investing in each other and provides a platform for sustained economic growth.
I would also like my colleagues to join me in supporting Taiwan's participation in the Trans-Pacific Partnership, TPP. As a Member of the Asia-Pacific Economic Cooperation, APEC, Taiwan is rightfully allowed to be a part of TPP. The absence of their membership could create an unfair disadvantage for Taiwan and will be a hardship for our good friends in this global economy.
Taiwan is a beacon of democracy in East Asia. The United States should do all that it possibly can to ensure that Taiwan is in position to prosper and is on a firm foundation for sustained economic growth.