Commends the people of Taiwan for establishing a multi-party democracy that respects human rights.
Expresses the sense of Congress that: (1) the President should abandon the "One China Policy" in favor of a "One China, One Taiwan Policy" that recognizes Taiwan as a sovereign government; (2) the President should begin the process of resuming normal diplomatic relations with Taiwan; and (3) the President and other U.S. officials should support Taiwan's full participation in international organizations for which statehood is a membership requirement.