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15 U.S.C. § 4904 — Consultation with private sector and gov-

Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 4904 — Consultation with private sector and gov-

Page 2178 TITLE 15—COMMERCE AND TRADE § 4902 (5) the term ‘‘international economic data system’’ means the data system established as part of the Data Bank under section 4906 of this title which contains data useful to policy- makers and analysis concerned with inter- national economics; and (6) the term ‘‘Secretary’’ means the Sec- retary of Commerce. (Pub. L. 100–418, title V, § 5401, Aug. 23, 1988, 102 Stat. 1463.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in text, was in the original ‘‘this subtitle’’, meaning subtitle E (§§ 5401 to 5413, 5421 to 5423) of title V of Pub. L. 100–418 which, in addition to enacting this chapter, enacted section 4603a of this title and section 194b of Title 2, The Congress. For com- plete classification of subtitle E to the Code, see Ta- bles. Section 4906 of this title, referred to in par. (4), was in the original ‘‘section 3816’’, meaning section 3816 of Pub. L. 100–418, and was translated as if it read section 5406 of Pub. L. 100–418, to reflect the probable intent of Congress, because section 3816 was the provision which established the Data Bank in a predecessor version of H.R. 4848 (which became Pub. L. 100–418), Pub. L. 100–418 does not contain a section 3816, and section 5406 of Pub. L. 100–418 is the provision establishing the Data Bank. § 4902. Interagency Trade Data Advisory Com- mittee (a) Establishment There is established the Interagency Trade Data Advisory Committee. (b) Membership The Committee shall consist of— (1) the United States Trade Representative; (2) the Secretary of Agriculture; (3) the Secretary of Defense; (4) the Secretary of Commerce; (5) the Secretary of Labor; (6) the Secretary of the Treasury; (7) the Secretary of State; (8) the Director of the Office

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Page 2178 TITLE 15—COMMERCE AND TRADE § 4902 (5) the term ‘‘international economic data system’’ means the data system established as part of the Data Bank under section 4906 of this title which contains data useful to policy- makers and analysis concerned with inter- national economics; and (6) the term ‘‘Secretary’’ means the Sec- retary of Commerce. (Pub. L. 100–418, title V, § 5401, Aug. 23, 1988, 102 Stat. 1463.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in text, was in the original ‘‘this subtitle’’, meaning subtitle E (§§ 5401 to 5413, 5421 to 5423) of title V of Pub. L. 100–418 which, in addition to enacting this chapter, enacted section 4603a of this title and section 194b of Title 2, The Congress. For com- plete classification of subtitle E to the Code, see Ta- bles. Section 4906 of this title, referred to in par. (4), was in the original ‘‘section 3816’’, meaning section 3816 of Pub. L. 100–418, and was translated as if it read section 5406 of Pub. L. 100–418, to reflect the probable intent of Congress, because section 3816 was the provision which established the Data Bank in a predecessor version of H.R. 4848 (which became Pub. L. 100–418), Pub. L. 100–418 does not contain a section 3816, and section 5406 of Pub. L. 100–418 is the provision establishing the Data Bank. § 4902. Interagency Trade Data Advisory Com- mittee (a) Establishment There is established the Interagency Trade Data Advisory Committee. (b) Membership The Committee shall consist of— (1) the United States Trade Representative; (2) the Secretary of Agriculture; (3) the Secretary of Defense; (4) the Secretary of Commerce; (5) the Secretary of Labor; (6) the Secretary of the Treasury; (7) the Secretary of State; (8) the Director of the Office of Management and Budget; (9) the Director of Central Intelligence; (10) the Chairman of the Federal Reserve Board; (11) the Chairman of the International Trade Commission; (12) the President of the Export-Import Bank; (13) the Chief Executive Officer of the United States International Development Finance Corporation; and (14) such other members as may be ap- pointed by the President from full-time offi- cers or employees of the Federal Government. (c) Chairman The Secretary of Commerce shall be Chairman of the Committee. (d) Designees Any member of the Committee may appoint a designee to serve in place of such member on the Committee. (Pub. L. 100–418, title V, § 5402, Aug. 23, 1988, 102 Stat. 1463; Pub. L. 115–254, div. F, title VI, § 1470(f), Oct. 5, 2018, 132 Stat. 3516.) Editorial Notes AMENDMENTS 2018—Subsec. (b)(13). Pub. L. 115–254 substituted ‘‘the Chief Executive Officer of the United States Inter- national Development Finance Corporation’’ for ‘‘the President of the Overseas Private Investment Corpora- tion’’. Statutory Notes and Related Subsidiaries CHANGE OF NAME Reference to the Director of Central Intelligence or the Director of the Central Intelligence Agency in the Director’s capacity as the head of the intelligence com- munity deemed to be a reference to the Director of Na- tional Intelligence. Reference to the Director of Cen- tral Intelligence or the Director of the Central Intel- ligence Agency in the Director’s capacity as the head of the Central Intelligence Agency deemed to be a ref- erence to the Director of the Central Intelligence Agen- cy. See section 1081(a), (b) of Pub. L. 108–458, set out as a note under section 3001 of Title 50, War and National Defense. EFFECTIVE DATE OF 2018 AMENDMENT Amendment by Pub. L. 115–254 effective at the end of the transition period, as defined in section 9681 of Title 22, Foreign Relations and Intercourse, see section 1470(w) of Pub. L. 115–254, set out as a note under sec- tion 905 of Title 2, The Congress. TERMINATION OF ADVISORY COMMITTEES Advisory committees established after Jan. 5, 1973, to terminate not later than the expiration of the 2-year period beginning on the date of their establishment, unless, in the case of a committee established by the President or an officer of the Federal Government, such committee is renewed by appropriate action prior to the expiration of such 2-year period, or in the case of a committee established by the Congress, its duration is otherwise provided by law. See section 1013 of Title 5, Government Organization and Employees. § 4903. Functions of Committee The Committee shall advise the Secretary of Commerce, as appropriate, on the establish- ment, structure, contents, and operation of a National Trade Data Bank in accordance with section 4906 of this title in order to assure the timely collection of accurate data and to pro- vide the private sector and government officials efficient access to economic and trade data col- lected by the Federal Government for purposes of policymaking and export promotion. (Pub. L. 100–418, title V, § 5403, Aug. 23, 1988, 102 Stat. 1464.) § 4904. Consultation with private sector and gov- ernment officials The Secretary shall regularly consult with representatives of the private sector and offi- cials of State and local governments to assess the adequacy of United States trade informa- tion. The Secretary shall seek recommendations on how trade information can be made more ac- cessible, understandable, and relevant. The Sec- retary shall seek recommendations as to what data should be included in the export promotion data system in the Data Bank. (Pub. L. 100–418, title V, § 5404, Aug. 23, 1988, 102 Stat. 1464.) Page 2179 TITLE 15—COMMERCE AND TRADE § 4907 1 So in original. Probably should be ‘‘port’’. § 4905. Cooperation among executive agencies Each executive agency shall furnish to the Secretary such information for inclusion in the National Trade Data Bank as the Secretary, in consultation with the Advisory Committee, con- siders necessary to the operation of the Data Bank. (Pub. L. 100–418, title V, § 5405, Aug. 23, 1988, 102 Stat. 1464.) § 4906. Establishment of Data Bank (a) Establishment Within 2 years after August 23, 1988, the Sec- retary of Commerce shall establish the Data Bank. The Secretary shall manage the Data Bank. The Data Bank shall consist of two data systems, to be designated the International Eco- nomic Data System, as described in subsection (b) and the Export Promotion Data System, as described in subsection (c). (b) International Economic Data System The International Economic Data System shall include current and historical information determined by the Secretary to be useful (after the consultation required by section 4904 of this title) to policymakers and analysts concerned with international economics and trade and which shall include data compiled or obtained by appropriate executive agencies. Such infor- mation shall not identify parties to trans- actions. Such information may include data for the United States and countries with which the United States has important economic relations including— (1) data on imports and exports, including— (A) aggregate import and export data for the United States and for each foreign coun- try; (B) industry-specific import and export data for each foreign country; (C) product and service specific import and export data for the United States; (D) market penetration information; and (E) foreign destinations for exports of the United States; (2) data on international service trans- actions; (3) information on international capital markets, including— (A) interest rates; and (B) average exchange rates; (4) information on foreign direct investment in the United States economy; (5) international labor market information, including— (A) wage rates for major industries; (B) international unemployment rates; and (C) trends in international labor produc- tivity; (6) information on foreign government poli- cies affecting trade, including— (A) trade barriers; and (B) export financing policies; (7) import and export data for the United States on a State-by-State basis aggregated at the product level including— (A) data concerning the country shipping the import, the State of first destination, and the original part 1 of entry for imports of goods and, to the extent possible, services; and (B) data concerning the State of the ex- porter, the port of departure, and the coun- try of first destination for export of goods and, to the extent possible, services; and (8) any other economic and trade data col- lected by the Federal Government that the Secretary determines to be useful in carrying out the purposes of this chapter. (c) Export Promotion Data System The export promotion data system shall in- clude data and information collected by the Fed- eral Government on the industrial sectors and markets of foreign countries which are deter- mined by the Secretary (after consultation re- quired by section 4904 of this title) to be of the greatest interest to United States business firms that are engaged in export-related activities and to Federal and State agencies that promote ex- ports, while providing for the confidentiality of proprietary business information, and shall be designed to use the most effective means of dis- seminating data and information electronically through the Department, or Department-des- ignated offices, or through other available data bases in an accurate and timely manner. Such data system shall monitor, organize, and dis- seminate selected information on— (1) specific business opportunities in foreign countries; (2) specific industrial sectors within foreign countries with high export potential such as— (A) size of the market; (B) distribution of products; (C) competition; (D) significant applicable laws, regula- tions, specifications, and standards; (E) appropriate government officials; and (F) trade associations and other contact points; and (3) foreign countries generally, such as— (A) the general economic conditions; (B) common business practices; (C) significant tariff and trade barriers; and (D) other significant laws and regulations regarding imports, licensing, and the protec- tion of intellectual property; (4) export financing information, including the availability, through public sources of funds for United States exporters and foreign competitors; (5) transactions involving barter and countertrade; and (6) any other similar information, that the Secretary determines to be useful in carrying out the purposes of this chapter. (Pub. L. 100–418, title V, § 5406, Aug. 23, 1988, 102 Stat. 1464.) § 4907. Operation of Data Bank The Secretary shall manage the Data Bank to provide the most appropriate data retrieval sys- tem or systems possible. Such system or sys- tems shall—

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 4904 — Consultation with private sector and government officials

The Secretary shall regularly consult with representatives of the private sector and officials of State and local governments to assess the adequacy of United States trade information. The Secretary shall seek recommendations on how trade information can be made more accessible, understandable, and relevant. The Secretary shall seek recommendations as to what data should be included in the export promotion data system in the Data Bank.

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