While the NAFTZ and its members are able to toss around FTZ, C-TPAT, CBP and so many other acronyms, not everyone would be able to join in that conversation. But the Foreign-Trade Zone (FTZ) industry is not one to be looked past if you’re looking for an exciting career.
A Foreign-Trade Zone is a specified area within the United States that can be considered outside the U.S. Commerce under a special federally regulated program. The Foreign Trade Zones Act of 1934 created a Foreign-Trade Zones Board to review, establish, operate and maintain these ‘zones’ which create advantageous duty situations for many businesses importing goods from foreign countries. Only upon entering the United States commerce, do the Customs duties on imported goods become payable.