foreign trade zone

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf gptkb:industry
gptkbp:activity gptkb:assembly_language
gptkb:organization
manufacturing
storage
processing
repackaging
gptkbp:administeredBy gptkb:Foreign-Trade_Zones_Board_(U.S.)
gptkbp:alsoKnownAs gptkb:FTZ
gptkbp:benefit duty deferral
duty elimination
logistics efficiency
gptkbp:compatibleWith customs duties until goods enter domestic market
gptkbp:establishedBy national governments
gptkbp:example gptkb:Port_of_Los_Angeles_FTZ
gptkb:Jebel_Ali_Free_Zone_(UAE)
https://www.w3.org/2000/01/rdf-schema#label foreign trade zone
gptkbp:location within a country but considered outside its customs territory
gptkbp:purpose facilitate international trade
reduce customs duties
encourage exports
gptkbp:regulates gptkb:U.S._Foreign-Trade_Zones_Act_of_1934
gptkbp:type customs supervision
gptkbp:usedIn gptkb:United_States
many other countries
gptkbp:bfsParent gptkb:CentrePort_Canada
gptkb:special_economic_zones
gptkbp:bfsLayer 7