This concurrent resolution expresses support for a closer trade partnership between the United States and Taiwan. It highlights the significant trade relationship between the two, with Taiwan being the 9th largest trading partner of the United States in 2022, and details the economic impact of this relationship on states like Arizona. The resolution acknowledges the importance of Taiwan's semiconductor investments in Arizona, which are among the largest foreign investments in U.S. history, and recognizes the support for Taiwan's participation in international organizations.

The resolution outlines three main points: 1) Support for the negotiation of a U.S.-Taiwan bilateral trade agreement and Taiwan's inclusion in the Indo-Pacific Economic Framework, 2) Support for Taiwan's meaningful participation in the United Nations system and inclusion in INTERPOL, and 3) Acknowledgment of the achievements in bilateral cooperation between Arizona and Taiwan since their sister-state relationship was established in 1980, encouraging future cooperation and exchanges. The resolution was unanimously adopted by both the House and the Senate of the State of Arizona on March 27, 2024, and filed with the Secretary of State on the same day.