During a recent meeting of the Oregon House Committee on Economic Development, Small Business, and Trade, lawmakers discussed the importance of enhancing trade resources for local businesses. Representative Watanabe emphasized the need for a stronger trade sector, asking about the current resources available to businesses looking to expand their trade operations.

In response, Vice Chair Jerry Sundar outlined various tools provided by agencies such as Business Oregon and the Department of Agriculture. These include grants for trade missions and programs to connect farmers with international markets. However, Sundar noted that the current approach can be disjointed, suggesting that a more coordinated strategy involving multiple agencies could better serve Oregon businesses.

The committee is considering a funding request of approximately $3.2 million to formalize this strategy and improve access to resources for businesses across the state. This funding aims to ensure that all sectors, including those that may not generate as much revenue but employ many residents, benefit from trade initiatives.

Representative Deal raised concerns about ensuring equitable support across different industries, highlighting the need for a balanced approach that reflects the diverse economic landscape of Oregon. Sundar reassured the committee that the proposed strategy would provide essential support to smaller and medium-sized businesses, which often lack dedicated trade resources.

The discussion also touched on successful models from other states, with Michigan cited as an example of effective coordination among state agencies to prioritize trade and economic development. The committee's ongoing efforts aim to create a more robust framework for supporting Oregon's businesses in the global market, ultimately fostering innovation and opportunity for local communities.