H.R. 9062, the BOOST American Business Act, establishes a new Commercial Diplomatic Service within the State Department to help American companies export products and services to international markets, particularly those in strategically important industries. The bill creates a specialized career track within the Foreign Service and directs the State Department to recruit officers with business expertise in areas such as financial analysis, international contract negotiation, cross-cultural relationship building, and market trend analysis. Commercial diplomacy activities under the bill include promoting U.S. exports, advising businesses on foreign markets, assisting with intellectual property issues, and coordinating federal export financing programs. The measure requires congressional oversight through the House and Senate Foreign Affairs and Appropriations committees but does not establish specific funding amounts or implementation timelines in the sections provided.
Take Action
Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.