Sec. 4. Establishment of Export Promotion Agency
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There is established in the Department of Commerce an agency to be known as the Export Promotion Agency . The head of the Agency shall be the Under Secretary of Commerce for Export Promotion, who shall be appointed by the President, by and with the advice and consent of the Senate. In accordance with section 7 (relating to transition provisions), there are transferred to the Agency the functions of each of the following: The International Trade Administration. The Office of International Trade of the Small Business Administration.
The Trade and Development Agency. The Export Credit Guarantee Program and the Facilities Guarantee Program of the Department of Agriculture. The Bureau of Economic and Business Affairs of the Department of State. Section 2312(d)(3) of the Export Enhancement Act of 1992 ( 15 U.S.C. 4727(d)(3) ) is amended by inserting , acting through the Under Secretary of Commerce for Export Promotion, after Secretary of Commerce . Section 5314 of title 5, United States Code, is amended by striking and Under Secretary of Commerce for Travel and Tourism and inserting Under Secretary of Commerce for Travel and Tourism, and Under Secretary of Commerce for Export Promotion .
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Sec. 4
Establishment of Export Promotion Agency
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