CA ACR100

Encourages the Governor's Office of Business and Economic Development (GO-Biz) to coordinate with the Legislature on trade promotion and foreign investment activities with El Salvador

Identifies Salvadoran-Americans as the second largest Latino community in California with over one million residents, and notes that remittances to El Salvador totaled 16.7 percent of that country's GDP in 2012

Proposes specific economic development activities including export seminars, trade missions, hosting Salvadoran business delegations, and supporting Salvadoran consulate trade officials in California

Notes that the United States had a $731 million trade surplus with El Salvador in 2013 and that El Salvador was selected by President Obama's 2010 Presidential Policy Directive as a priority country for foreign investment

Directs transmission of the resolution to the President of El Salvador, President Barack Obama, and the Governor of California