California AB2745 establishes an International Trade and Investment Program to attract foreign investment and support exports.

AB2745 amends the Government Code to create an International Trade and Investment Program managed by the Governor’s Office of Business and Economic Development. The program aims to attract foreign direct investment, support California businesses in accessing international markets, and facilitate the establishment of foreign-owned subsidiaries in California. The bill mandates the development of a five-year strategy, including policy goals, objectives, and recommendations.

California AB2745 establishes an International Trade and Investment Program to attract foreign investment and support exports.

AB2745 amends the Government Code to create an International Trade and Investment Program managed by the Governor’s Office of Business and Economic Development. The program aims to attract foreign direct investment, support California businesses in accessing international markets, and facilitate the establishment of foreign-owned subsidiaries in California. The bill mandates the development of a five-year strategy, including policy goals, objectives, and recommendations.