13 Jun 2025
🌍Notice on Foreign-Trade Zone Applications and Comment Period
Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Foreign-Trade Zone Applications
Summary
The Department of Commerce is seeking public comments regarding the information collection on Foreign-Trade Zone Applications. This includes proposals for FTZ status and operational details essential for licensing. The agency aims to assess public reporting burdens and invites feedback on the implications of these applications, which must include economic data and project descriptions.
Agencies
- Commerce Department
- International Trade Administration
Business Impact
$$ - Med
The regulation necessitates compliance from businesses aiming to apply for FTZ status, involving significant information collection about economic impact and operational plans, which influences reporting and operational activities.