Understanding FTZs: A Gateway to Global Trade Efficiency

Published on: March 22, 2024

A Foreign Trade Zone (FTZ) as defined by the International Trade Association (ITA) is a “designated site licensed by the Foreign-Trade Zones (FTZ) Board at which special customs procedures may be used.” In other words, an FTZ is a location where goods can be shipped, handled, manufactured, reconfigured, and re-exported without the involvement of customs […]

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