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1937 poster celebrating the United States' first foreign trade zone, Staten Island In the United States, a foreign-trade zone (FTZ) is a geographical area, in (or adjacent to) a United States port of entry, where commercial merchandise, both domestic and foreign, receives the same Customs treatment it would if it were outside the commerce of the United States.
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
Free-trade zones are referred to as "foreign-trade zones" in the United States (Foreign Trade Zones Act of 1934), [5] where FTZs provide customs-related advantages as well as exemptions from state and local inventory taxes. In other countries, they have been called "duty-free export processing zones," "export-free zones," "export processing ...
Arshiya International will be developing three more Free Trade and Warehousing zones in Central, South and East of India. Cochin Special Economic Zone is a Special Economic Zone in Cochin, in the State of Kerala in southwest India, set up for export- oriented ventures.
Pages in category "Foreign trade zones of the United States" The following 17 pages are in this category, out of 17 total. This list may not reflect recent changes .
The authority of Congress to regulate international trade is set out in the United States Constitution (Article I, Section 8, Paragraph 1): . The Congress shall have power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and to promote the general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform ...
This is a list of U.S. states, U.S. territories, and the District of Columbia by exports of goods and imports of goods as of 2018. [note 1]An export in international trade is a good or service produced in one country that is bought by someone in another country.
An international zone is any area not fully subject to the border control policies of the state in which it is located. There are several types of international zones ranging from special economic zones and sterile zones at ports of entry exempt from customs rules to concessions over which administration is ceded to one or more foreign states.