§ 24-47-101 — Colorado international trade office - created - staff

Colorado § 24-47-101

• Jurisdiction: Colorado
• Title 24: Government
• Art.: Colorado International Trade Office

Text

(1) There is
hereby created within the office of the governor the Colorado international trade
office, the head of which shall be the director of the Colorado international trade
office, which office is hereby created. The director shall be assisted by an associate
director and a staff assistant, which offices are hereby created.

(2) The Colorado international trade office shall:

(a) Encourage, promote, and assist in the expansion of Colorado exports,
including both goods and services, to international markets;

(b) Develop the ability and resources to deal effectively with and encourage
foreign investment in this state;

(c) Endeavor to attract and assist reputable international companies which
are interested in establishing facilities in this state which provide jobs for Colorado
residents;

(d) Utilize traditionally effective international promotion techniques which
are designed to create new channels of distribution for Colorado firms which have
no export market, which techniques shall include, but need not be limited to, state-sponsored international trade shows and trade missions where many companies
may participate at low cost and guidance in the mechanics of exporting through
major seminars, identification of target markets, export troubleshooting, and
important trade leads;

(e) Review and analyze proposed international trade agreements to assess
their impact on goods and services produced by Colorado businesses and the
possibility that Colorado statutes could be determined to be an impermissible
barrier to free trade or market access;

(f) Provide input to the office of the United States trade representative in the
development of international trade, commodity, and direct investment policies and
agreements that reflect the needs of the state of Colorado;

(g) Inform the general assembly about ongoing trade negotiations, trade
development, and the possible impacts on Colorado's economy and laws. The
director or the director's designee shall submit a report on such matters by
November 1 of each year to the finance committees, or their successor committees,
of the senate and house of representatives and shall make available to all members
of the general assembly a copy of all materials provided to those committees by
the state trade representative.

(h) Coordinate with other state and local government economic development
entities.

(3) The Colorado international trade office may establish official trading
relationships among the state and other international trading nations.

(4) It is the intent of this section that the cost-effective assistance given by
the Colorado international trade office result in a broadened state economy with a
quantifiable increase in Colorado commodities which are exported, a quantifiable
increase in Colorado firms entering the international export market, a quantifiable
increase in export-related jobs in Colorado, and such other measurable increases
related to international trade as are the result of the efforts of said office.

Legislative History

Source: L. 87: Entire article added, p. 1029, � 1, effective July 2. L. 2007: (2)(e), (2)(f), (2)(g), and (2)(h) added, p. 128, � 1, effective March 21. L. 2012: (2)(g) amended, (SB 12-166), ch. 243, p. 1150, � 6, effective August 8.