A bill to direct the Secretary of Commerce to encourage the formation and operation of export trading companies, and for other purposes.
Export Promotion and Export Trading Company Act of 1981 - Directs the Secretary of Commerce to encourage the formation of export trading companies by providing information and advice to interested persons. Requires the Secretary to provide a referral service to facilitate contacts between producers of exportable goods and services and concerns offering export trade services. Permits State and local governments to participate in such export trading companies.
Amends the Webb-Pomerene Act to exempt trading companies, solely with respect to their export trade activities, from antitrust restrictions.
Directs the President, five years after enactment, to appoint a task force to study and report any recommendations concerning the effect of this Act on domestic competition and the U.S. trade deficit.
Introduced in House
Introduced in House
Referred to House Committee on Foreign Affairs.
Referred to House Committee on The Judiciary.
Referred to Subcommittee on International Economic Policy and Trade.
Referred to Subcommittee on Monopolies and Commercial Law.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
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