Oklahoma § 74-5008.10

§ 74-5008.10.

Taiwan Regional Trade Office.

Oklahoma Statutes - Title 74. State Government

A. There is hereby created the Taiwan Regional Trade Office.

B. The Office shall be an administrative component of the

Oklahoma Department of Commerce.

C. The Office shall:

1. Facilitate economic relationships between Oklahoma-based

businesses and business entities with principal business activity

which is based or occurs regionally to Taiwan that shall not include

any authoritarian or totalitarian government the sovereign powers of

which are exercised through a single person or group of persons who

are not elected by any form of legitimate popular voting;

2. Promote Oklahoma-based business and establish business-tobusiness trading activity with business entities based regionally to

Taiwan;

3. Provide information about business trading opportunities

with business entities based regionally to Taiwan for Oklahoma-based

businesses;

4. Facilitate positive relationships between this state and its

political subdivisions with the relevant governments based

regionally to Taiwan that are consistent with United States foreign

policy and any applicable trade or travel restrictions;

5. Coordinate the activities of the Oklahoma Department of

Commerce with respect to business outreach specific to entities

based regionally to Taiwan;

6. Coordinate, organize, support, and fund travel from Oklahoma

to entities based regionally to Taiwan and return as part of an

ongoing mission to establish and maintain relationships between

Oklahoma and countries in the region with the objective of creating

trade opportunities for Oklahoma-based business enterprises;

7. Manage actions taking place at the federal level whose

primary objective promotes business-to-business transactions between

entities based regionally to Taiwan and the United States with

emphasis on promoting Oklahoma-based business activity;

8. Conduct training programs for Oklahoma-based business owners

to inform them of potential trading opportunities with entities

based regionally to Taiwan;

9. Produce promotional and educational materials for

distribution by business organizations, trade associations, or

similar entities consistent with the mission of the Office; and

10. Take such other actions or develop such programs consistent

with the mission of developing business-to-business opportunities

between entities based regionally to Taiwan and Oklahoma-based

business enterprises.

D. The Taiwan Regional Trade Office shall maintain a physical

office in Taipei, Taiwan.

E. 1. No later than January 1, 2029, the Oklahoma Department

of Commerce shall conduct a cost/benefit analysis to determine the

Oklahoma Statutes - Title 74. State Government

estimated net direct state benefits applicable for a three-year

period beginning with the first complete calendar quarter.

2. If the Oklahoma Department of Commerce determines that the

Office failed to meet the estimated net direct state benefit for

operations, the Department shall cease operation of the Office. As

used in this section, “estimated net direct state benefits” means

the estimated direct state benefits less the estimated direct state

costs.

F. The Oklahoma Department of Commerce shall promulgate any

rules necessary to implement the provisions of this section.

Added by Laws 2025, c. 399, § 1.