(a)The Governor’s Office of Business and Economic Development shall develop and implement an International Trade and Investment Program that does all of the following:
(1)Attracts employment-producing direct foreign investment to the state.
(2)Provides support for California businesses in accessing international markets, including assistance to increase California exports.
(3)Engages in other international trade or foreign investment activities assigned by the Governor.
(b)The Director of the Governor’s Office of Business and Economic Development may establish and terminate international trade and investment offices outside of the United States as he or she determines is appropriate if the requirements of Section 13996.65 are satisfied.
(c)This section shall not be construed to confe
Free access — add to your briefcase to read the full text and ask questions with AI
(a)
The Governor’s Office of Business and Economic Development shall develop and implement an International Trade and Investment Program that does all of the following:
(1)
Attracts employment-producing direct foreign investment to the state.
(2)
Provides support for California businesses in accessing international markets, including assistance to increase California exports.
(3)
Engages in other international trade or foreign investment activities assigned by the Governor.
(b)
The Director of the Governor’s Office of Business and Economic Development may establish and terminate international trade and investment offices outside of the United States as he or she determines is appropriate if the requirements of Section 13996.65 are satisfied.
(c)
This section shall not be construed to confer powers or impose duties upon the Governor’s Office of Business and Economic Development that conflict with any powers conferred or duties imposed upon the Department of Food and Agriculture with respect to the promotion of California agriculture, fish, or forest exports.
(d)
The Governor’s Office of Business and Economic Development shall develop a conflict-of-interest and gift policy that applies to the Governor’s Office of Business and Economic Development
and all international trade and investment offices established by it.
(e)
Any international trade and investment office established by the Governor’s Office of Business and Economic Development may be funded in whole or in part by nonstate funds.
(f)
The Governor’s Office of Business and Economic Development may contract with a nonprofit entity to operate an international trade and investment office. The contract shall, among other provisions, require the nonprofit entity to provide the Governor’s Office of Business and Economic Development information sufficient to satisfy the reporting requirements in subdivision (c) of Section 13997 within 30 days of receipt by the nonprofit entity of each donation used to fund an international trade and investment office.