Come join me next Tuesday, Oct. 25, 2011 from 6 pm to 8 pm for an Organization of Women in International Trade (OWIT-NY) event about the benefits and uses of Foreign Trade Zones!Date: Tuesday, October 25th, 2011
Time: Networking and refreshments at 6:00pm. Program commences at 6:30pm.
Location: Law offices of Baker & McKenzie in the Grace Building, 1114 Avenue of the Americas (the entrance is on 42nd Street directly across from Bryant Park.) New York, NY
Cost: $20 for OWIT-NY members, students and government employees, $25 for non-members
As companies turn to the supply chain in search of additional cost savings, one of the most untapped areas of value creation is that of Foreign Trade Zones (FTZs).
FTZs were established in 1934 to stimulate economic growth by allowing companies to operate in a specially designated area, outside the Customs territory of the United States. Now, seventy five years later, companies are still generating tremendous returns by reducing or eliminating duty payments, and minimizing transactional costs.
The agenda for this special evening will focus on FTZ’s noting the special privileges granted to U. S. companies to help them remain competitive and help keep American jobs at home. Your presenter for this special evening will be Trudy Huguet, Vice President of Foreign-Trade Zone Corporation.
What you will learn:
• FTZ Program Overview
• The expanded role and duties of U.S. Customs and Border Patrol under the Department of Homeland Security
• The many ways a company may benefit from operating its own FTZ
• The key business benefits to present to senior management for approval
• The overall process to apply for, certify, and operate an FTZ
• Best practices in the on-going administration of your FTZ
To register for the event click here.
Hope to see you there!
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