Source: Assembly Republican Press Release -
To help New Jersey businesses compete in the global market, Assembly Republican Holly Schepisi has introduced legislation establishing an Office of International Trade and Protocol within the Economic Development Authority.
“There is a world of opportunity waiting, but many companies are dissuaded by language, geographic, financial and regulatory challenges,” said Schepisi, R – Bergen and Passaic. “This new office will help businesses explore marketing their products abroad. It will help tear down the barriers and sell our ‘Made in New Jersey’ products to expanding markets across the globe. International sales will strengthen our country and our state, and create good jobs here at home.”
The office created by Schepisi’s bill, A-4450, will encourage and promote the expansion and development of foreign export markets for New Jersey products and services while providing assistance to businesses in developing international markets for their products with consultants and advisors that have specialized expertise. Participating companies will pay on a “no-profit, no-loss basis.” The office will partner with worldwide export networks and foreign governments, and establish internship and job-training programs.
“Commerce doesn’t end at the state line or at the border,” said Schepisi. “We know what Garden State businesses can do. This bill will help them expand their horizons, and put more hard-working New Jersey residents to work.”