The commission shall have and may exercise all powers and duties necessary or appropriate to carry out and effectuate the commission's purposes, including:
(1) Advance bilateral trade and investment between Pennsylvania and Ireland.
(2) Initiate joint action on policy issues of mutual interest to Pennsylvania and Ireland.
(3) Promote business and academic exchanges between Pennsylvania and Ireland.
(4) Encourage mutual economic support between Pennsylvania and Ireland.
(5) Encourage mutual investment in the infrastructure of Pennsylvania and Ireland.
(6) Accept financial assets to defray the administrative expenses of the commission and implement and administer the provisions of this chapter.
(7) Adopt bylaws, if necessary.
(8) Address other issues as determined by the commission.