That the Senate— (1) recognizes the importance of Taiwan’s security and prosperity to the United States own security and prosperity; (2) encourages the President to begin negotiations on an income tax agreement with Taiwan; (3) encourages the President and the House of Representatives to work with the Senate on a congressional-executive agreement to establish an income tax agreement between the United States and Taiwan, consistent with United States commitments under the Taiwan Relations Act ( 22 U.S.C. 3301 et seq. ); and (4) encourages the President to proactively seek other ways to increase trade, technology, and investment ties between the United States and Taiwan.