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To capitalize on the benefits that FTZs confer, importers must comply with CBP regulations governing their creation and use. Otherwise, fines and penalties will soon erase any financial advantage. The bad news is that a plethora of regulations oversee the creation and operation of FTZs. The good news is that these standards are clearly defined and can easily be formalized as rules, making them readily amenable to automation. Click here for more.
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