Foreign-Trade Zones Board

The Foreign-Trade Zones Board is a U.S. federal agency that oversees the creation and regulation of special designated areas called Foreign-Trade Zones (FTZs). These zones allow companies to temporarily store, process, or manufacture goods without paying certain customs duties and import taxes until the products leave the zone and enter U.S. commerce. The Board ensures these zones operate under federal regulations, promoting international trade, economic growth, and global competitiveness by making importing and exporting more efficient and cost-effective for businesses.