N.Y. Comp. Codes R. & Regs. tit. 9 § 5.48

Current through Register Vol. 46, No. 25, June 18, 2024

Section 5.48 - Executive order no. 48: creating an international business development council

WHEREAS, collapsing trade barriers, new technologies and the rapid flow of capital across borders continue to accelerate the integration of the world economy;

WHEREAS, as economies rapidly integrate, new opportunities arise for trade liberalization and the economic prosperity of the State's citizens becomes increasingly tied to the State's position in the world economy and to dynamic new centers of growth in Latin America, Eastern Europe, the Far East and elsewhere;

WHEREAS, increases in the State's overall international trade and foreign direct investment create increased employment opportunities for all New Yorkers;

WHEREAS, the State desires to place greater reliance on the private sector in developing and implementing a strategy that will strengthen New York State's economy, preserve its historically preeminent position as a center for international finance, trade and economic activity, and enhance its role as a focal point of world communications; and

WHEREAS, to benefit from the expertise and experience of the State's private sector, it is imperative that the State solicit the views of the international business community and stimulate the lively exchange of ideas, processes and techniques related to international trade and investment, which are so critical to the economic health of the State;

NOW, THEREFORE, I, GEORGE E. PATAKI, Governor of the State of New York, by virtue of the authority vested in me by the Constitution and Laws of the State of New York, do hereby create the International Business Development Council (the "Council"). The Council shall consist of up to 20 members appointed by the Governor. The Council shall be co-chaired by the Honorable Hugh L. Carey and the Chair of Empire State Development Corporation.

1. The Council shall:

a. Through the Co-Chairs, advise the Governor on international economic, business, financial, investment, industrial, technological and other market trends that affect New York State businesses or provide them with market opportunities.

b. Recommend where appropriate and necessary the mechanisms, means, technologies and techniques required to maximize world trade and investment for New York State businesses.

c. Advise the appropriate State authorities on tax, regulatory and other policies that could improve the competitive position of New York State in world and domestic markets.

d. Assess existing and suggest new State economic development strategies and mechanisms to attract foreign investment and promote international trade.

e. Assist in the promotion of New York State as an attractive location for foreign investment and an excellent source of goods and services.

f. Initiate, support and participate in international trade and investment attraction missions.

g. Investigate policies implemented by the Federal and State governments to enhance the competitiveness of exports and attract new investment.

h. Represent the interests of the State's international business community as appropriate.

2. The members of the Council shall receive no compensation but shall be entitled to reimbursement for any necessary expenses incurred in connection with the performance of their duties. Membership in the Council shall not constitute public employment for the purposes of disqualification from holding public office or employment.

3. Every State department, agency, division, board, bureau, commission and other entity over which I have executive power shall provide appropriate assistance and cooperate as necessary to enable the Council to fulfill its purposes.

Signed: George E. PatakiDated: February 5, 1997

[FN*] [Revoked by Executive Order No. 9 (David A. Paterson), infra.]

[Revoked by Executive Order No. 2 (Andrew M. Cuomo), infra.]

N.Y. Comp. Codes R. & Regs. Tit. 9 § 5.48