Webinar: Business Benefits of Foreign Trade Zones

The Connecticut District Export Council and the U.S. Commercial Service’s Connecticut office are hosting a free webinar on Foreign Trade Zones Oct. 21.

The 90-minute webinar is scheduled for 1 pm and is part of a series for Manufacturing Month that aims to provide valuable information on a variety of export-related topics.

The FTZ program is designed to boost the competitiveness of American businesses in the global economy by encouraging activity and value added at U.S. facilities in competition with foreign alternatives.

The program allows delayed or reduced duty payments on foreign merchandise, reduced tax payments, and other savings for businesses. 

FTZs help create and retain jobs, encourage investment, enhance competitiveness, reduce fees, and provide a great advantage for Connecticut businesses.

Details

Join this event to:

• Learn FTZ basics and how to apply
• Understand the U.S. Customs and Border Protection activation process
• Hear directly from an active FTZ user about the program’s benefits 

Speakers include:

• Members of the U.S. Department of Commerce’s International Trade Administration
• CBP officials 
• Connecticut FTZ representatives
• A Connecticut manufacturing firm actively using an FTZ

The Connecticut District Export Council is an organization of local community leaders appointed by the Secretary of Commerce offering professional advice to companies seeking to expand international sales.  

The U.S. Commercial Service is part of the Department of Commerce’s International Trade Administration.