Relating to international economic relations; declaring an emergency.
Catchline/Summary:
Directs the Oregon Business Development Department to establish the Oregon-Taiwan Trade Center and the Oregon-Vietnam Trade Center.Digest: The Act tells the OBDD to establish a trade center for Oregon in Taiwan and Vietnam. The Act allows the OBDD to establish up to five additional trade centers or offices in some other countries. (Flesch Readability Score: 63.3).
[Digest: The Act tells the OBDD to establish a trade center for Oregon in Taiwan and Vietnam. (Flesch Readability Score: 68.9).]
Directs the Oregon Business Development Department to establish the Oregon-Taiwan Trade Center and the Oregon-Vietnam Trade Center.
Authorizes the department to establish up to five additional trade centers or offices in countries that the department determines are critical commercial partners.
Requires the department to study options to reorganize the agency staff structure for the purpose of fostering economic relations and expanding trade between Oregon and the countries in which a trade center is established. Requires the department to submit a report to the interim committees of the Legislative Assembly related to economic development no later than September 15, 2026.
Declares an emergency, effective July 1, 2025.
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