Iowa Administrative Code
Agency 261 - Economic Development Authority
Part IV - Business Development Division
Chapter 72 - Iowa Export Trade Assistance Program
Rule 261-72.2 - Definitions

Universal Citation: IA Admin Code 261-72.2
Current through Register Vol. 47, No. 6, September 18, 2024

"Authority" means the Iowa economic development authority.

"Exporter" means a person or business that sells one of the following outside of the United States:

* A manufactured product.

* A value-added product.

* An agricultural product.

* A service.

"Sales representative" means a contracted representative of an Iowa firm with the authority to consummate a sales transaction.

"Trade mission" means a mission event led by the authority or designated representative. Qualified trade missions must include each of the following:

* Advanced operational and logistical planning.

* Advanced scheduling of individualized appointments with prequalified prospects interested in participants' product or service being offered.

* Background information on individual prospects prior to appointments. Trade missions may also include:

* In-depth briefings on market requirements and business practices for the targeted country.

* Interpreter services.

* Development of a trade mission directory prior to the event containing individual company data regarding the Iowa company and the products being offered.

* Technical seminars delivered by the mission participants.

Disclaimer: These regulations may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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