The US House of Representatives yesterday passed a bill that supports Taiwan's return to the IMF, saying that such a move is a must because of Taiwan's stature in the global economy.
The House unanimously passed the Taiwan Non-Discrimination Act of 2025 (H.R. 910), which stipulates that the US secretary of the treasury, who also serves as the US governor to the IMF, should "vigorously support the admission of Taiwan as a member" in the institution.
Before the bill was put to a vote, US Representative Young Kim, who proposed the bill along with US Representative Al Green, spoke in support of Taiwan.
Photo: AFP
"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 said.
"We cannot be complicit as international organizations cede leverage to Beijing and silence Taiwan's voice. I thank my colleagues for joining me to support Taiwan's participation in the IMF, and I will keep fighting to get this to [US] President [Donald] Trump's desk."
Green said that supporting Taiwan in joining the IMF is "a common sense, bipartisan measure that furthers the long-term interests of both Taiwan and the US."
"Taiwan's expertise developing one of the largest and most complex economies in the world would bring a valuable perspective to multilateral economic organizations," he said.
The Republic of China, the official name of Taiwan, was a founding member of the IMF before the People's Republic of China took its place in 1980, nine years after Taipei lost its UN seat to Beijing.
The bill still needs to be approved by the US Senate before the president can sign it into law.
A largely similar piece of legislation passed the House in the last Congress, but failed to pass the Senate.
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