The research of the Okinawa’s sovereignty from the stands of the historical political and trade has not too much, while its relationship between the international political and legal status is so complicated. Firstly, based on the traditional history, Okinawa was a vassal state in the Ming Dynasty. However, Japan terminated its vassal state status and established County status under “the Discrete Islands” agreement, and eventually the islands became the Japanese historical sovereignty under “the Shimonoseki Treaty” with Japan’s occupation fact. Secondly, in terms of the political practice, the United States, which enjoyed the residual sovereignty, transferred the Okinawa’s sovereignty to Japan in accordance with the principle of return in international law. On the other hand, the ROC did not claim the Okinawa’s sovereignty which belongs to whom. Finally, the ROC, therefore, is quite hard to claim the Okinawa’s sovereign status in the international legal principle, while Japan legimately enjoys the Okinawa’s territorial sovereignty by means of the conquest rule without objection by other states. Currently, the Republic of China of Taiwan seems to have no legal status of Okinawa. Therefore, it is significant that Taiwan should establish the mutual cooperation in many fields with the Okinawa islands.