What is a Foreign Trade Zone and What Does the Bond Cover?

Posted on: July 1st, 2013 • In Bond Type: 301-4 - Foreign Trade Zone, Bonds

A foreign-trade zone is a secured area under U.S. Customs’ supervision that is generally considered outside United States territory (for commerce purposes) upon activation. A foreign-trade zone is typically located in or near a U.S. Customs port of entry and falls under the authority of that port. Foreign and domestic

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