free port

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Related to Foreign Trade Zone: FTZ

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

free port

see FREE TRADE ZONE.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
With years of successful FTZ operation, we are one of the few General Purpose Foreign Trade Zones in Upstate South Carolina offering FTZ benefits to local and international manufacturers.
LNK joins Advanced Optowave Corporation in Ronkonkoma and Medford-based AMC Technology in qualifying for designation in the foreign trade zone this year.
31, the state applied for an ASF, and "we anticipate approval around the middle of summer," said Glenn Page, a principal at Foreign Trade Zone Solutions LLC in Greenland, the firm that the state hired to submit the application.
Couch said that in the United States, a Foreign Trade Zone is an area designated by both the Customs and Border Protection agency and the FTZ board in Washington D.C.
The Miami-based supply chain management firm has helped create foreign trade zones at PortMiami and in Fort Lauderdale and performance-enhancing technology.
See Virtuosity Consulting, Canada/US Comparison of Foreign Trade Zone (FTZ) Related Programs and Policies, March 31, 2009.
DUBAI -- The frees zone of Dubai Airport and foreign trade zone of Dallas/ Fort Worth International Airport, agreed on Sunday to join hands to create a "cooperative business channel" aimed at exchanging expertise and benefiting from business opportunities in global market.
While they have invested heavily in their operations over the past few years, they are also exploring a rather unique angle to differentiate themselves from other CDMOs - they are looking to establish themselves as a foreign trade zone.
Woodridge Productions, the company filming the first season of ABC's new TV series "Charlie's Angels," has signed a 160,000-square-foot lease at the former Wynwood Foreign Trade Zone, purchased last year in a bankruptcy auction by Mannigan Holdings, Metro 1 Properties, which represented the landlord, announced today.
Activation of the Foreign Trade Zone strengthens Fortessa's competitive position in the global market, Hamberger said.
to receive foreign trade zone status, allowing the company to streamline the customs process and reduce tariffs on parts it imports and machines it exports--Printronix signed distribution agreements with Ingram Micro's Nimax Division and with Avnet Technology Solutions --Zebra Technologies announced a settlement and license agreement with Paxar .
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