California Bill Said to Boost State Exports, Foreign Trade
California Governor Jerry Brown signed Assembly Bill 2012, allowing California to form public-private partnerships with nonprofit organizations like the Bay Area Council to reopen foreign trade and investment offices, the Bay Area Council said. California's foreign trade offices, and the…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Technology, Trade and Commerce Agency were closed in 2003 amidst budget shortfalls. Bill 2012 transfers international trade policy to the state's single point of contact for businesses and job creation efforts, the Governor's Office of Business and Economic Development (GO-Biz). "This bill shows the world California is open for business," said Jim Wunderman, president of the Bay Area Council.