The purpose of this resolution is to express the views of Congress regarding the relationship between the United States and Taiwan. It advocates for the U.S. to resume normal diplomatic relations with Taiwan, negotiate a free trade agreement, and support Taiwan's participation in international organizations. Key provisions of the resolution include several specific recommendations for the U.S. government. It calls for the President to abandon the current "One China Policy," which views Taiwan as part of China, and instead recognize Taiwan as an independent country.