PortMiami gets FTZ status

Customs

Monday, August 13, 2012

The U.S. Commerce Department has approved a new foreign trade zone (FTZ) in Miami-Dade County at PortMiami. “The new Foreign Trade Zone in Miami will provide Florida businesses with new opportunities as they seek to export their products around the world,” said Commerce Assistant Secretary for Import Administration Paul Piquado, in a statement. “Florida businesses have a powerful new tool: those that use the zone will now save substantially on import duties and proces...

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