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FTZ in Transportation Meaning

The FTZ meaning in Transportation terms is "Foreign Trade Zone". There are 1 related meanings of the FTZ Transportation abbreviation.

FTZ on Transportation Full Forms

  1. Foreign Trade Zone Known in some countries as a free trade zone, a foreign trade zone (FTZ) is a site where foreign and domestic goods are held until they ready to be released into international commerce. If the final product is imported into the country, duties and taxes are not due until the goods are released into the market. Merchandise may enter a FTZ without a formal Customs entry or the payment of Customs duties or government excise taxes.

Frequently Asked Questions (FAQ)

  1. What does FTZ stand for Transportation?

    FTZ stands for Foreign Trade Zone in Transportation terms.

  2. What is the shortened form of Foreign Trade Zone in Transportation?

    The short form of "Foreign Trade Zone" is FTZ for Transportation.

Citation

FTZ in Transportation. Acronym24.com. (2021, March 8). Retrieved November 22, 2024 from https://acronym24.com/ftz-meaning-in-transportation/

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