On October 1, 2007, the California Council for International Trade (CCIT) merged with the California Chamber of Commerce International Trade Committee to create the CalChamber Council for International Trade. The CalChamber Council for International Trade is California's voice on trade.
Upon creation of the merged Council, the Council for International Trade Update (CITU) was initiated. Each weekly CITU features international headlines, U.S. trade policy updates, relevant information compiled from a number of sources, CalChamber companies in the news, and a worldwide events calendar.
Please take this opportunity of our third anniversary to forward this newsletter to your colleagues, clients, vendors, etc. who have an interest in international trade. We welcome them to e-mail us at international@calchamber.com to receive this comprehensive trade update weekly at no cost.
California's Exports Surge; Jobs Don't Keep Pace A surprising point of light has recently emerged from all the recession's dark data: Exports of California-made products are picking up. State exports of manufactured goods jumped 20.1 percent in July from the year-earlier period – the latest in a nine-month run of gains. Sacramento Bee, October 4, 2010
California Economy Still Weak but Signs Point Up
California’s economy has seen a few more positive signs during the past quarter, according to the latest quarterly report of the California Chamber of Commerce Economic Advisory Council (EAC). CalChamber, October 5, 2010
On September 16, the Senate confirmedFrancisco Sanchez as Under Secretary of Commerce for International Trade.
The Senate also confirmed Mimi E. Alemayehou, of the District of Columbia, to be Executive Vice President of the Overseas Private Investment Corporation; and
Michael C. Camunez, of California, as Assistant Secretary of Commerce.
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:
AJR 27 (Torrico; D- Fremont)
Colombia-U.S. Free Trade Agreement
A California Assembly Joint Resolution opposing the U.S. - Colombia FTA, would cast the FTA and Colombia in an unproductive light if it were to pass. Colombia is an important trading partner with California and the United States and also a partner in stopping drug trafficking. CHAPTERED
SB 657 (Steinberg; D-Sacramento)
Human Trafficking
Mandates that “every retail seller and manufacturer doing business in this state” develop, maintain, and implement a policy addressing the eradication of slavery and human trafficking from their supply chain. The bill inappropriately makes California employers responsible for the actions of businesses with which they have no contractual relationship, are located in other countries, and could be engaged in activities that may best be handled on a diplomatic level. 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
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Note: This e-mail 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.
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