The airport is in a foreign-trade zone.

Many Foreign-Trade Zone projects have been started with the philosophy of "establish it, and they will come".

Further, a Foreign-Trade Zone may be used to either expedite or avoid the drawback process.

Such zones are limited in scope and operation based on approval of the Foreign-Trade Zones Board.

There are over 230 Foreign-Trade Zone projects and nearly 400 Subzones in the United States.

The Foreign-Trade Zones Act was created to "expedite and encourage foreign commerce" in the United States.

Goods in a Foreign-Trade Zone are not considered imported to the United States until they leave the Zone.

It also offers the benefits of urban enterprise and foreign-trade zone status, providing tax breaks on goods moved through its doors, as part of the iPort Initiative.

Goods may be stored in a bonded warehouse or a Foreign-Trade Zone in the United States for up to five years without payment of duties.

Foreign-trade Zones are secure areas physically in the United States but legally outside the customs territory of the United States.

This "integrated" model, which replaced the previous "island" model, spurred growth in the U.S. Foreign-Trade Zones program.

There is also a Foreign-Trade Zone designation site at the McAllen-Miller International Airport to facilitate air cargo needs.

US Foreign-Trade Zones (FTZs) pose multiple benefits, other than duty deferred and inverted tariff, which companies can use to benefit their bottom line.

The ASF provides Foreign-Trade Zone Grantees with greater flexibility to meet specific requests for zone status by utilizing the minor boundary modification process.

One choice that Grantees are faced with is whether or not to expand a Foreign-Trade Zone or reorganize it using the Alternative Site Framework (ASF).

The U.S. Foreign-Trade Zones program was created by the Foreign-Trade Zones Act of 1934.

The McAllen Foreign-Trade Zone (FTZ) is located south of McAllen between McAllen and Reynosa.

Decision Subject to Review The decision is subject to review by an inter-agency Foreign-Trade Zones Board, headed by Commerce Secretary Robert A. Mosbacher.

McAllen is in Hidalgo County, which has the lowest household income in the country, but it's a border town, and a thriving foreign-trade zone has kept the unemployment rate below ten per cent.

A Foreign-Trade Zone Admission in Zone Restricted status is considered the legal equivalent to an exportation in the eyes of the U.S. Customs & Border Protection.

Im a member of the National Association of Foreign-Trade Zones, and have seeing what the FTZ program has done to level the playing field for US based manufacturers and exporters.

Foreign-Trade Zone Manufacturing Center: Information for Small and Medium-Sized Manufacturers Assistance in using FTZ procedures for small- and medium-sized manufacturers.

Many in the economic development community and real estate development field have heard much about how the Foreign-Trade Zone program attracts firms of all types to FTZ designated industrial parks and property.

But he also suggested that Mr. Perot would benefit more from the foreign-trade zone if the pact failed, when the actual benefit would be very small or nonexistent, managers of other foreign trade zones in Texas said today.

The ASF may be an appropriate option for certain Foreign-Trade Zone projects, but the decision of whether to adopt the new framework and what the configuration of the sites should be will require careful analysis and planning.