World stocks continue to
rally on US economy hopes World stock markets rose
Wednesday despite mounting tensions in the Korean peninsula,
as investors continued to warm to hopes that the U.S. economy
has seen off the worst of the economic recession and may start
to grow later this year. San Diego Union-Tribune, May 27,
2009
U.S. changes stance on
Cuba's inclusion in OAS The United States says it's
time Cuba be let back in to the Organization of American
States -- and abide by its democratic principles. The
OAS meets Wednesday in Washington to review three proposals
submitted that ultimately reach the same goal: an end to
Cuba's suspension. Miami Herald, May 27, 2009
"CalChamber Companies in the News" is a
regular feature in the CalChamber's Trade Update newsletter,
highlighting the international activities of member companies
who have been featured in the news.
California Coalition For Free
Trade The CalChamber Council for International Trade
(CIT) is urging members of the business community to join
(click
here to download membership form) its coalition
working to secure congressional approval of the free trade
agreements (FTAs) with Colombia, Panama and South Korea.
Companies .or associations that join the California Coalition
for Free Trade will be included on the rapidly growing list of
FTA supporters. There is no cost to join the coalition, which
will keep members apprised of its activities and how to be
supportive of the FTAs. For more information on the FTAs or to
join the coalition, visit www.calchamber.com/international
The
following bills are related to international trade and have
been introduced in the California State Legislature in the
2009-2010 Legislative
Session.
Any
CalChamber position is noted on the CalChamber Legislative
website:
AB 961
(Krekorian) Public contracts: genocidal regimes This
bill would prohibit a scrutinized company that was engaged in
business with perpetrators of genocide, from entering into a
contract with a state agency for goods or services.
AB 1276
(Skinner) International Trade This bill would prohibit
the Governor from binding the State to an international trade
agreement without specific legislation authorizing the
action.
AB 1431 (Hill)
Air quality: Port of Oakland This bill would require
the Port of Oakland to establish emission reduction strategies
that are no less stringent than that which are employed at the
Port of Los Angeles and the Port of Long Beach.
SB 657
(Steinberg) Human Trafficking This bill would require
businesses to actively engage to eliminate human trafficking
from the supply chain down to raw materials.
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