Though still in its infancy, APEC has begun to play a meaningful role in fostering more open trade and investment in the region. The Asian Regional Forum has the potential for playing a similarly important role in addressing Asia Pacific security problems. As we all know, however, in the real world, Taiwan functions independently of China. Taipei has a vibrant economy, thriving democratic institutions and impressive defense capabilities. As I have mentioned, Taiwan and China both hold claims to the Spratly Islands.
China also asserts the right to invade Taiwan at any time that Taipei behaves overly independently.
Both these issues pose a serious threat to the peace and security of the region as well as the vital interests of the United States. These two issues, as well as many others involving China and Taiwan, deserve open discussion. Mr. President, the time has come for China to acknowledge reality and permit Taiwan a voice in the Asian Regional Forum. I might add that I have a certain amount of personal experience in dealing with the problems Taiwan faces in joining international organizations. APPF has bipartisan support in this country and has been enthusiastically endorsed by the administration.