The bill establishes the New Jersey-India Commission, which aims to strengthen the economic, cultural, and educational ties between New Jersey and India. The commission will consist of 35 to 45 members appointed by the Governor, who will serve without compensation. Its primary objectives include advancing bilateral trade and investment, promoting mutual economic support, encouraging investment in infrastructure, and facilitating cultural and educational exchanges. The commission will also study policy issues of mutual interest and provide advisory support to the Governor and other state agencies.
The commission is designed to be purely advisory and will have the authority to request information and assistance from various state departments to fulfill its duties. It is required to submit an annual report to the Governor and the Legislature, which will be made available on the Department of State's website. The establishment of this commission reflects New Jersey's commitment to fostering international trade and investment opportunities, particularly with India, which is a significant partner for the state.