McAuliffe signs Landes legislation creating Virginia International Trade Corporation

Governor Terry McAuliffe today signed House Bill 858, sponsored by Del. R. Steven Landes, R-Weyers Cave, at the World Art Group in Richmond.

This legislation establishes the Virginia International Trade Corporation in the executive branch of the state government to promote international trade in the Commonwealth.

“I’m excited to see Governor McAuliffe sign this significant economic development legislation today. Creation of the Virginia International Trade Corporation will generate opportunities for small and mid-sized businesses to expand to new markets, increase international sales, and most importantly, create new jobs here in the Commonwealth,” said Landes. “The Corporation will promote international trade in the Commonwealth by coordinating private and public efforts to stimulate the international trade segment of the Commonwealth’s economy, and promote the marketing of products and services, thus ensuring Virginia’s status as one of the best states for business.”

“The Virginia International Trade Corporation is a historic step in transitioning Virginia’s business model to compete and succeed in the global marketplace,” said Governor McAuliffe.

“I want to thank Delegate Landes and the General Assembly, as well as the business community and advocates who worked so hard to make this significant legislation a reality. I look forward to building on the progress we have made establishing Virginia as a global leader in international trade.”

The Landes legislation passed with broad bipartisan support in both Chambers of the General Assembly and extensive support from Virginia’s business community. Among others, the Virginia Chamber of Commerce, the Virginia Manufacturers Association, and the Virginia Maritime Association, representing thousands of Virginia businesses, supported the creation of the Virginia International Trade Corporation.

Landes represents the 25th House District, which includes parts of Albemarle, Augusta, and Rockingham Counties. Landes is currently serving his eleventh term in the Virginia House of Delegates.