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BOLSTER Act
International Affairs
senate
house
president
Introduced on May 23, 2024 by
John Peter Ricketts
Cosponsors
Legislation Details
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Last updated 11/13/2024
Aims to enhance U.S. cooperation with European countries to improve Taiwan’s security.
Recognizes the potential military threats from the People’s Republic of China (PRC) regarding Taiwan.
Highlights the economic risks associated with a conflict in the Taiwan Strait, estimating potential disruptions to global trade.
Encourages the European Union (EU) to use sanctions against the PRC in response to military actions against Taiwan.
Mandates regular consultations between U.S. and European officials to coordinate sanctions against the PRC under specific circumstances.
Requires the development of a humanitarian aid plan for Taiwan in case of military aggression.
Calls for a report assessing the economic impacts of PRC military actions against Taiwan.
Supports increasing political and economic relations between Taiwan and European countries.
Emphasizes the importance of Taiwan’s participation in international organizations and the need for coordinated diplomatic efforts.
Encourages European countries to support Taiwan’s self-defense and share lessons learned from their own defense strategies.
Establishes an expedited licensing process for European countries transferring military equipment to Taiwan.
Mandates semiannual briefings to Congress on the progress of consultations and plans related to Taiwan’s security and humanitarian support.