February 21, 2012
FTZ Board Update - New regulations coming soon
PLEASE SHARE THIS UPDATE WITH YOUR FTZ OPERATORS, USERS AND OTHERS WHO MAY BE INTERESTED IN THE FTZ PROGRAM.
The White House and the International Trade Administration (ITA) have issued press releases announcing new FTZ Board regulations.
Here is the link to the White House press release (FTZs are the subject of the fourth paragraph following the heading “Today the President
will announce”):
http://www.whitehouse.gov/the-press-office/2012/02/17/president-obama-takes-actions-promote-american-manufacturing-and-increas
Here is the link to ITA’s press release:
http://www.trade.gov/press/press-releases/2012/foreign-trade-zone-regulation-revision-promotes-flexibility-and-transparency-021712.asp
Finally, here is the link to a fact sheet also issued by ITA:
http://trade.gov/press/press-releases/2012/fact-sheet-new-foreign-trade-zones-regulations-021712.asp
We will send out a further update and present full information on the contents of the new regulations when they are published in the
Federal Register (currently projected for next week).
Andrew McGilvray
Executive Secretary and Staff Director
U.S. Foreign-Trade Zones Board
(202) 482-2862
www.trade.gov/ftz