Export Trading Company Act

The Export Trading Company Act of 1982 was enacted to encourage U.S. exports of goods and services. The act was intended to facilitate the formation of export trading companies and export trade associations and to expand the provision of export trade services. Export trading companies are persons or organizations, whether operated for profit or as nonprofits, principally involved in exporting, or facilitating the export of, goods or services produced in the United States. The export trade services mentioned in the act are wide-ranging—they include consulting, international market research, advertising, marketing, insurance, product research and design, legal assistance, transportation (including trade documentation and freight forwarding), communication and processing, warehousing, foreign exchange, and finance services provided to facilitate the export of goods or services produced in the ...