Commerce Seeks To Ease Foreign Trade Zone Rules

Law360, New York (January 3, 2011, 3:12 PM EST) -- In a move aimed at boosting American exports, the U.S. Department of Commerce has proposed new regulations that would make it easier for domestic manufacturers to operate in duty-free foreign trade zones.

Commerce’s International Trade Administration on Thursday proposed to pare down requirements that U.S. companies receive advance approval from the agency’s Foreign-Trade Zones Board before engaging in manufacturing activity in a foreign trade zone, according to a notice in the Federal Register.

The proposed regulations would only require advance approval in certain circumstances, such as...
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