Friday, November 15, 2002

Re: FTZ's

RE: [spiers] Re: FTZs

Hi,

If you are familiar with the Internet and user groups,
you could place an ad seeking an electronics engineer
for this type of project. It should be relatively easy
to do and fast to find.
Good luck
Alex

--- "ROSS, CEDRIC O (PB)" wrote:
> I have a product I want to design. I need help with
> the design part. I need
> someone who can read schematics. This is a
> electronic devise and will need
> expertise in that area. How can I find someone in
> that area to assist & move
> to patient my devise. I know you say compete based
> on design but I must
> design 1st and then complete on design right?
>
> Cedric Ross SSM
> Ofc 213-975-0363
> Fax 213-482-3745
>
>
>
>
>
> -----Original Message-----
> From: wileyccc@aol.com [mailto:wileyccc@aol.com]
> Sent: Tuesday, November 12, 2002 12:34 PM
> To: dimemin@yahoo.com
> Subject: [spiers] Re: FTZs
>
>
> John,
>
> What are your thoughts on Foreign Trade Zones (FTZs)
> as they relate to manufacturing?
>
> Can you provide an example of how FTZs are used and
> how they can benefit an exporter/importer?
>
> Thanks in advance.
>
> JM
>
> FTZ's (Foreign Trade Zones) were supposed to make
> America competitive by
> facilitating foreign trade with less friction... the
> friction of importing
> goods into the USA manipulating them, and then
> re-exporting them without the
>
> paperwork hassles normally associated with such
> activity.
>
> They were supposed to help people "game the system"
> by, for example,
> bringing
> in radio parts from various countries, which
> individually had high duty
> rates, do light assembly in the FTZ, and then bring
> "into the commerce of
> the
> United States" (clear customs) at the much lower
> duty rate that completed
> radios have.
>
> Boeing has its own FTZ because it brings in jets for
> repair, and parts made
> overseas on jets to be sold overseas. This way
> those parts come in and go
> out duty free.
>
> FTZ's dont work as hoped... their managers go
> begging for patrons, when
> there
> is really no use for them. They can actually add
> paperwork and costs, since
>
> they are heavily managed by govt. If republicans are
> sincere about cutting
> the size of govt, this is a place they could start
> and no one would notice.
>
> They solve problem that doesn't exist... since we
> have always had duty
> drawback, which allows importers to recollect 99% of
> any duty paid on an
> item
> imported and then re-exported.
>
> So, as is the pattern, they help big biz avoid taxes
> and do nothing for
> small
> biz int'l trade.
>
> John


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