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Slide 1 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! El Paso’s Foreign-Trade Zone.

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Presentation on theme: "Slide 1 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! El Paso’s Foreign-Trade Zone."— Presentation transcript:

1 Slide 1 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! El Paso’s Foreign-Trade Zone

2 Slide 2 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! What is a Foreign-Trade Zone?  A secure area located in or near a Port of Entry, legally outside the U.S. Customs territory, where foreign and domestic goods can be brought for storage, manipulation, manufacturing and/ or distribution, without a formal Customs entry or payment of Customs duties or excise taxes. Types of Zones  General-Purpose: Used mostly for distribution and manipulation activities  Subzone: Used where assembly, manufacturing, and refinery cannot be accommodated in a GP zone Basics on Foreign-Trade Zones

3 Slide 3 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Company Benefits  Duty Deferral  Duty Elimination  Duty Reduction (Inverted Tariff Relief)  Avoid Customs Fines & Seizures  No Duty on Waste  Reduced Bond and Brokerage Costs  Eliminate Drawbacks  Weekly Entries & Weekly Exports  Multi port exit for WEx  Lower Administrative Costs  Improved Inventory Control  Informed Customs Officers  Avoid Inventory Taxes  US Quotas  Electronic 214

4 Slide 4 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Public Benefits  Help facilitate & expedite international trade and encourage exports.  Provide Customs procedures not available in the normal import/export environment to improve operational efficiency.  Help attract offshore activity & encourage retention of domestic activity.  Assist state/local economic development efforts.  Help create and/or retain employment opportunities.

5 Slide 5 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! What can you do in a Foreign-Trade Zone? Assemble Assemble Destroy Destroy Exhibit Exhibit Repair Repair Repackage Repackage Store Store Test Test Inspect Inspect Manufacture Manufacture

6 Slide 6 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! FTZ Authority & Structure Foreign-Trade Zone Act of 1934 City of El Paso (Grantee) FTZ User FTZ Manufacturing Operator EPIA/ FTZ No. 68 (GP Operator) Foreign-Trade Zones Board Dept. of Commerce (15 CFR Part 400) US Customs & Border Protection Dept. of Homeland Security (19 CFR Part 146)

7 Slide 7 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Where is FTZ No. 68 in El Paso? Located at major industrial parks with access to railroad, an international airport with an air cargo complex and the federal interstate highway system Utilized by more than 70 firms in the region the largest FTZ on the US/México border

8 Slide 8 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Site 1 Butterfield Trail Industrial Park & Air Cargo/BF Park II

9 Slide 9 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Site 2 Lower Valley Americas, Pan American, PSB, Ysleta, 5 Star

10 Slide 10 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Site 3 East East 10, Saab, Vista Del Sol, 5 Star

11 Slide 11 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Site 4, Central Copperfield Industrial Park

12 Slide 12 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Site 5 Northeast WFF Industrial

13 Slide 13 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Current FTZ Companies  Robert Bosch Corp.  BRK Brands  Electrolux  Foster Electric  Futaba Corp.  Hartec Inc.  Inabata America  Kintetsu World Express  Morrison Express  Pedraza Customhouse Brokers  ProTrans International Inc.  Scientific-Atlanta, Inc.  Seton Co.  Shure Brothers, Inc.  Span American Austin, Inc.  Trans-Expedite, Inc.  TMX Logistics, Inc.  UPS Supply Chain Solutions

14 Slide 14 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! FTZ No. 68 has seven FTZ Public Warehouses: Handle goods for importers/exporters Provide value-added services such as quality control, customs brokerage, freight forwarding, inventory control, logistics management Combined these facilities have over 121,830 square feet of public FTZ space and total warehouse space of 640,290 square feet  Kintetsu World Express  Morrison Express  Pedraza Customhouse Brokers  ProTrans International, Inc.  Span America Austin Inc.  Trans-Expedite, Inc.  UPS Supply Chain Solutions

15 Slide 15 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Located at the EPIA Air Cargo Complex, 501 George Perry, Suite I, El Paso, TX 79906 Houses both FTZ No. 68 and US Customs & Border Protection It’s a One Stop International Trade Hub, the 1 st of its kind on the US-Mexico Border Accessible to multi-modal facilities International Trade Processing Center

16 Slide 16 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! International Trade Processing Center US Customs & Border Protection on-site services: Staffed by CBP officers and 2 supervisors daily. Clear all In bond shipments from airport jurisdiction, which includes transshipments from other ports via truck, air or rail. Services includes air freight, General Order, bonded warehouse, and Foreign-Trade Zones.

17 Slide 17 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! International Trade Processing Center Foreign-Trade Zone No. 68 services: Regulatory Compliance Inventory Control & Recordkeeping Auditing Annual Reporting FTZ Training Operations & Supervisory seminars E-214 Zone Management Applications to the US Foreign-Trade Zones Board Sites, Tariff Schedule Governmental liaison Mitigation Coordination w/ federal agencies Zone Development New User & Manufacturing activation Regional coordination Marketing Member, National Association of Foreign-Trade Zones

18 Slide 18 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! FTZ No. 68’s Major Exports & Imports Exports  Computers parts & peripherals  Electronic components for televisions and related parts  Plastic components  Electrical parts  Automotive parts  Iron & steel articles Imports  Ignition systems for automotive  Computer accessories  Automotive parts  Television  Motor vehicles  Medical & surgical apparatus

19 Slide 19 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Facts on FTZ No. 68  5 major sites containing 3,443 acres of designated land  Largest in volume general-purpose zone along the US-Mexico border  More than 800 persons directly employed in El Paso  Open zone allows more flexibility to trade allowing faster set up.  Used by over 70 international companies in the region  “Best Practices” approach for performance:  Dollar Volume,  Retained/created jobs,  Innovation: Full-service, open zone, pilot projects

20 Slide 20 A Free sample background from www.awesomebackgrounds.com © 2006 By Default! Jose Quiñonez, Jr. Foreign-Trade Zone Manager Foreign-Trade Zone No. 68 International Trade Processing Center 501 George Perry, suite i. El Paso, TX 79906 Tel. (915) 771-6016, Fax (915) 772-2491 E-mail: E-mail: Quinonezji@elpasotexas.gov Website: www/elpasotexas.gov/ftz/

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