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China to push further ahead with free trade pilot zone reforms

2 minutos For the last four decades, China has been opening up more to the world. And now, perhaps it’s accelerating the pace. The government plans to push further ahead with free trade pilot zone reforms in Fujian and Guangdong provinces and Tianjin Municipality. Guangdong Province will focus on strategies to advance the Guangdong-Hong Kong-Macao Great Bay Area and create an open financial region. It proposes 18 measures, including further liberalization of the trade in services with Macao and Hong Kong. Fujian Province will Continue lendo→

The ABCs of Production in FTZs

menos de 1 minuto A foreign-trade zone (FTZ) is a defined physical area within the United States that, for customs entry purposes, is treated as if it is outside U.S. borders. Companies may use FTZs for both storage/distribution activities or, after specific authorization by the U.S. FTZ Board, for production. In FTZs, “production” is considered to be anything that results in a substantial transformation of an article or that changes its HTSUS classification (6-digit) or eligibility for entry. Leia mais

Improving Central American free trade zones might help fix US immigration problems

4 minutos In the short-term, a border wall may help stem the flow of Central American migrants across the US southern border, but any enduring immigration strategy needs to build bridges too. Improving and diversifying Central America’s free trade zones (FTZs) to create more jobs and opportunities is a specific example of how to do so. It’s not difficult to understand the appeal of migrating from Central America to the US. For comparison, Maryland is a little bigger than El Salvador in geographic size Continue lendo→

Ceará para alemão ver

1 minuto A Zona de Processamento de Exportação – ZPE, distrito industrial para acolher indústrias nacionais e internacionais é, desde domingo até hoje, em Colônia-Alemanha, atração para cerca de 600 empresários dos dois países participantes do XXXVI Encontro Econômico Brasil-Alemanha – EEBA – 2018. É uma realização da Confederação Nacional da Indústria – CNI, e da Federação das Indústrias Alemãs – BDI, e vem ocorrendo alternadamente no Brasil e naquele gigante da economia europeia, do qual já se concretizaram grandes parcerias, graças ao envolvimento Continue lendo→

Silicon Valley manufacturers use foreign trade zones of protect jobs, save money, speed goods to market

2 minutos Local Silicon Valley manufacturers are reaping significant benefits in product quality, lower costs, reduced tariffs and supply chain efficiency through strategic application of local Foreign Trade Zone (FTZ) operations in their manufacturing processes. Those were among the findings of a recent study published by The Reshoring Institute, a Silicon Valley-based non-profit organization providing research and support for companies bringing manufacturing back to America. “Use of a Foreign Trade Zone involves how imported goods, such as parts or sub-assemblies, are brought into the U.S., staged and Continue lendo→