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Free Port
(redirected from Foreign-trade zone)

   Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Free Port
A port where ships can dock and unload goods without paying tariffs or other fees on those goods. The goods can be held duty-free at the free port for a certain period of time, though generally they must be re-exported at the end of the period. Free ports may be used to make final improvements on unfinished goods.


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The warehouse has been classified as a foreign-trade zone.
An application has been submitted to the Foreign-Trade Zones Board by Baxter Healthcare Corp.
Foreign-Trade Zones Board today to "consider America's steel using industries and their six million workers" in its review of an application by ThyssenKrupp to conduct manufacturing activity in a U.
 
 
 
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