June 16, 2017
On June 12, the NAFTZ submitted its comments to the Office of the U.S. Trade Representative on the proposed renegotiation of the North American Free Trade Agreement (NAFTA). The NAFTZ’s comments stressed the importance of renegotiation focusing on long-standing provisions in the agreement and original implementing legislation that have placed U.S. manufacturers at a “fundamental disadvantage,” which include duty deferral restrictions and restrictions on U.S. FTZs regarding NAFTA Rules of Origin. The NAFTZ placed emphasis on the value of retaining the existing NAFTA provision that validates U.S. FTZs as a constituent part of the NAFTA territory, even though FTZs are considered outside U.S. customs territory for duty-collection purposes. Legislation to implement a renegotiated NAFTA will provide an opportunity to update the provisions listed above and restore the level playing field that the FTZ program and NAFTA had originally intended to provide. To ensure its role as a stakeholder in the renegotiation process, the NAFTZ has called for the opportunity to work with “trade negotiators.” We have also submitted a request to testify at the hearing scheduled for June 27 at the International Trade Commission.
About the National Association of Foreign-Trade Zones
Now in its 31st year, The National Association of Foreign-Trade Zones is a trade association of more than 600 members representing public and private organizations involved in the foreign-trade zones program. NAFTZ is the primary voice of communities and industries that utilize the FTZ program, including zone grantees, operators and users.
For More Information Contact:
Senior Manager of Communications & Member Services
202-331-1950, ext. 224