- (a) Establishment
There is established within the Administration an Office of International
Trade which shall implement the programs pursuant to this section.
- (b) Development of distribution network; marketing of programs and
dissemination of information; bilingual job applicants
The Office, working in close cooperation with the Department of Commerce and
other relevant Federal agencies, Small Business Development Centers engaged in export promotion efforts, regional and local Administration offices, the small business community, and relevant State and local export promotion programs, shall -
- (1) assist in developing a distribution network for existing trade promotion,
trade finance, trade adjustment, trade remedy assistance and trade data collection programs through use of the Administration's regional and local offices and the Small Business Development Center network;
- (2) assist in the aggressive marketing of these programs and the dissemination
of marketing information, including computerized marketing data, to the small business community; and
- (3) give preference in hiring or approving the transfer of any employee into
the Office or to a position described in paragraph (8) below to otherwise qualified applicants who are fluent in a language in addition to English. Such employees shall accompany foreign trade missions if designated by the director of the Office and shall be available as needed to translate documents, interpret conversations and facilitate multilingual transactions including providing referral lists for translation services if required.
- (c) Promotion of sales opportunities for goods and services abroad
The Office shall promote sales opportunities for small business goods and
services abroad. To accomplish this objective the office shall -
- (d) Access to export and pre-export financing programs
The Office shall work in cooperation with the Export-Import Bank of the United
States, the Department of Commerce, other relevant Federal agencies, and the States to develop a program through which export specialists in the regional offices of the Administration, regional and local loan officers, and Small Business Development Center personnel can facilitate the access of small businesses to relevant export financing programs of the Export-Import Bank of the United States and to export and pre-export financing programs available from the Administration and the private sector. To accomplish this goal, the Office shall work in cooperation with the Export-Import Bank and the small business community, including small business trade associations, to -
- (1) aggressively market existing Administration export financing and
pre-export financing programs;
- (2) identify financing available under various Export-Import Bank programs,
and aggressively market those programs to small businesses;
- (3) assist in the development of financial intermediaries and facilitate the
access of those intermediaries to existing financing programs;
- (4) promote greater participation by private financial institutions,
particularly those institutions already participating in loan programs under this chapter, in export finance; and
- (5) provide for the participation of appropriate Administration personnel in
training programs conducted by the Export-Import Bank.
- (e) Counseling small businesses; proceedings related to trade laws;
access to trade remedy proceedings
The Office shall -
- (1) work in cooperation with other Federal agencies and the private sector to
counsel small businesses with respect to initiating and participating in any proceedings relating to the administration of the United States trade laws; and
- (2) work with the Department of Commerce, the Office of the United States
Trade Representative, and the International Trade Commission to increase access to trade remedy proceedings for small businesses.
- (f) Annual reports to Congress
The Office shall report to the Committees on Small Business of the House of
Representatives and the Senate on an annual basis as to its progress in implementing the requirements under this section.
- (g) Cooperative studies and reports to Congressional committees on
selected issues; recommendations
The Office, in cooperation, where appropriate, with the Division of Economic
Research of the Office of Advocacy, and with other Federal agencies, shall undertake studies regarding the following issues and shall report to the Committees on Small Business of the House of Representatives and the Senate, and to other relevant Committees of the House and Senate within 6 months after August 23, 1988, with specific recommendations on -
- (1) the viability and cost of establishing an annual, competitive small
business export incentive program similar to the Small Business Innovation Research program and alternative methods of structuring such a program;
- (2) methods of streamlining trade remedy proceedings to increase access for,
and reduce expenses incurred by, smaller firms;
- (3) methods of improving the current small business foreign sales corporation
tax incentives and providing small businesses with greater benefits from this initiative;
- (4) methods of identifying potential export markets for United States small
businesses; maintaining and disseminating current foreign market data; and devising a comprehensive export marketing strategy for United States small business goods and services, and shall include data on the volume and dollar amount of goods and services, identified by type, imported by United States trading partners over the past 10 years; and
- (5) the results of a survey of major United States trading partners to
identify the domestic policies, programs and incentives, and the private sector initiatives, which exist to encourage the formation and growth of small business.