The bill proposes the establishment of the North Dakota Ireland Trade Commission, which aims to enhance bilateral trade and investment between North Dakota and Ireland. The commission will focus on promoting business and academic exchanges, initiating joint actions on mutual interests, and encouraging economic support and infrastructure investment between the two regions. It will consist of two members from the Senate, two from the House of Representatives, the executive director of the North Dakota trade office, an appointed individual knowledgeable in international trade, and the agriculture commissioner or their designee. Members will serve two-year terms, and the commission will meet two to four times a year.
Additionally, the North Dakota trade office will provide administrative support to the commission, which will be reimbursed for necessary expenses incurred during their duties. The commission is required to submit an annual report to the legislative management by September 1st, detailing its activities, benefits to the state, legislative recommendations to support trade, and anticipated future activities. This structured approach aims to foster a stronger economic relationship between North Dakota and Ireland.