What is the definition of a Free Trade Zone?
November 28, 2023What is the definition of a foreign-trade zone? (What is an FTZ?)
November 28, 2023Um, none. There are no free trade zones in the United States. The U.S. program has the same acronym, but a different name. It also offers deferral of Customs duties and fees, but works quite differently. See ‘What is a Foreign-Trade Zone?’