Directs the Oregon Business Development Department to establish the Oregon-Taiwan Trade Center and the Oregon-Vietnam Trade Center.
Summary
<b>Digest: The Act tells the OBDD to establish a trade center for Oregon in Taiwan and Vietnam. The Act allows the OBDD to establish up to five additional trade centers or offices in some other countries. (Flesch Readability Score: 63.3).</b> [<i>Digest: The Act tells the OBDD to establish a trade center for Oregon in Taiwan and Vietnam. (Flesch Readability Score: 68.9).</i>] Directs the Oregon Business Development Department to establish the Oregon-Taiwan Trade Center and the Oregon-Vietnam Trade Center. <b>Authorizes the department to establish up to five additional trade centers or offices in countries that the department determines are critical commercial partners.</b> Requires the department to study options to reorganize the agency staff structure for the purpose of fostering economic relations and expanding trade between Oregon and the countries in which a trade center is established. Requires the department to submit a report to the interim committees of the Legislative Assembly related to economic development no later than September 15, 2026. Declares an emergency, effective July 1, 2025.