A Free Trade Zone (FTZ) can be described as a specific region within a nation’s borders where merchandise can be brought in, warehoused, handled, and sent out again in accordance with particular customs rules, typically without the imposition of customs tariffs. These regions are frequently situated near significant maritime harbors, global air terminals, and the nation’s boundaries—locations that possess numerous geographical benefits for commerce.Read More
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U.S. Customs and Border Protection (CBP)
The U.S. Customs and Border Protection (CBP) is a federal law enforcement agency within the Department of Homeland Security.
It is responsible for regulating and facilitating international trade, collecting import duties, and enforcing U.S. regulations, including customs, immigration, drug enforcement, and agricultural regulations at all ports of entry into the United States.
CBP works closely with other agencies to ensure that goods entering the country are legitimate and properly documented while also protecting against terrorism or contraband activities.
Its primary mission is to protect national borders by preventing the illegal entry of people or goods and facilitate lawful travel and trade in accordance with applicable laws.