HR 2559
Taiwan Allies Fund Act
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- Passed House
- Passed Senate
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- Became Law
Bill overview
The Taiwan Allies Fund Act seeks to bolster Taiwan’s international standing and resilience against China’s influence. It proposes establishing a fund, financed through the Countering PRC Influence Fund, to provide assistance to countries that maintain relations with Taiwan or have faced pressure from China due to those relations. The fund’s resources can be used for various initiatives, including supporting civil society, diversifying supply chains, and promoting Taiwan’s participation in international organizations. This legislation aims to strengthen Taiwan’s diplomatic partnerships and counter China’s efforts to isolate the island.
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