Should your company consider FTZ?? What is a Foreign-Trade Zone? A FTZ is the U.S. Version of an International Free Trade Zone. Always located near a Port of Entry, an FTZ can be used to store foreign or domestic goods, re-package materials, assemble products, manufacture or re-export goods without paying Customs duties. Merchandise can be held indefinitely within an FTZ … [Read more...]
EU and US to enter into Free Trade talks.
The EU and US have launched Free Trade talks. This is exciting news that has the potential of helping US Manufacturers export more goods into the EU. There are no details available at this time, but talks are supposed to begin in June and according to the BBC can sometimes take years. The European Union and the US will begin formal talks on a free-trade agreement, paving the … [Read more...]