U.S., California Economic Upturn Continues California’s economy saw some positive signs in the second quarter of 2011, according to the latest report of the California Chamber of Commerce Economic Advisory Council (EAC). CalChamber, September 23, 2011
WTO cuts 2011 world trade growth forecast to 5.8%
The World Trade Organization cut its 2011 trade growth forecast to 5.8 percent from 6.5 percent as earlier predicted, amid increasing economic uncertainty on Friday. Associated Foreign Press, September 23, 2011
'Buy America': A self-defeating provision
THE AMERICAN Recovery and Reinvestment Act of 2009, a.k.a. “the stimulus,” had its pluses and minuses. But few would dispute that some of the worst bureaucratic hassles and international disputes associated with that $825 billion measure stemmed from its protectionist “Buy America” provision, which prohibited the use of imported steel on tens of billions of dollars’ worth of infrastructure and building modernization projects. Washington Post, September 22, 2011
AJR 15 (Alejo) : California Cut Flowers This resolution urges the US Government to consider the California floriculture industry when advancing free trade agreements, specifically, Colombia. ENROLLED
SCR 33 (Price): Foreign Investment This resolution stated that the Legislature found and declared that it is in California's economic interest to promote opportunties for EB-5 visa investment in the state. CHAPTERED
California Coalition
For Free Trade
A broad-based group of companies and business organizations working to secure a national free trade agenda, as well as, seeking approval of the Free Trade Agreements with Colombia, Panama, and South Korea. Join or Learn More
Free ENewsletters
Receive free eNewsletters to help keep you up to date on the laws affecting you and your business. To subscribe to any of the newsletters, visit this link.
Your one-stop shop for products that answer California and federal labor law and HR questions, alleviate confusion, save you time and money, so you can get back to business. Click on the logo to view our products.Seethe CalChamber Store's selection of forms and checklists in Spanish.
Note: This email is being sent to members of the CalChamber Council for International Trade; CalChamber members with international interests; local, binational and American chambers of commerce abroad; the consular corps; California congressional delegation, selected U.S. and California government officials; and representatives of business and trade associations.
If you would like to be added to the subscriber list for this free e-newsletter, please click here.
To unsubscribe from Trade Update, please email us.