The Trade Promotion Coordinating Committee shall—

((1)) report on the actions taken or efforts currently underway to eliminate the areas of overlap and duplication identified among Federal export promotion activities;

((2)) coordinate efforts to sponsor or promote any trade show or trade fair;

((3)) work with all relevant State and national organizations, including the National Governors’ Association, that have established trade promotion offices;

((4)) report on actions taken or efforts currently underway to promote better coordination between State, Federal, and private sector export promotion activities, including co-location, cost sharing between Federal, State, and private sector export promotion programs, and sharing of market research data; and

((5)) by not later than , and annually thereafter, include the matters addressed in paragraphs (1), (2), (3), and (4) in the annual report required to be submitted under .