The bill establishes the Southeast Asia Trade Office as a new administrative component of the Oklahoma Department of Commerce. Its primary responsibilities include facilitating economic relationships between Oklahoma-based businesses and entities in Southeast Asia, promoting business activities, providing information on trading opportunities, and coordinating outreach efforts. The Office will also manage federal actions that promote business transactions between Southeast Asia and the United States, conduct training programs for local business owners, and produce promotional materials to support its mission.

Additionally, the Southeast Asia Trade Office is required to maintain a physical office in Taipei, Taiwan, and the Oklahoma Department of Commerce is tasked with promulgating any necessary rules for the implementation of this section. The bill is set to take effect on July 1, 2025, and includes an emergency clause for immediate enactment upon passage and approval.