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Committee approves outreach to promote Foreign Trade Zone membership to local businesses
Summary
Economic development staff briefed the committee on reactivating and promoting Foreign Trade Zone #58 under the alternate site framework and the committee approved staff outreach to business organizations to identify interested importers/exporters and to promote a potential membership campaign.
Economic development staff updated the Business and Economic Development Committee on efforts to reactivate and promote the city’s Foreign Trade Zone designation and the committee approved staff outreach and promotion to local businesses and the Chamber.
Economic Development Officer Vigida Hernandez Smith said the Foreign Trade Zone (FTZ) has been inactive for more than 30 years and the federal alternate-site framework now allows FTZ activity across five counties, not just a single airport-adjacent…
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