Foreign Trade Zones (FTZ)
Foreign Trade Zones were created by the US government to facilitate international trade and increase the global competitiveness of U.S. based companies. FTZs are approved locations that allow certain types of merchandise to be imported, assembled with other components, repackaged and/or exported without going through formal customs procedures. These zones provide the ability to defer, reduce or eliminate duty charges when the goods enter U.S. commerce or are exported outside the U.S. Buffalo Niagara is home to two of the largest FTZs in North America.
Global NY is a new initiative launched in 2015 by Governor Andrew M. Cuomo that offers one stop shopping to both foreign businesses looking to invest in New York and to New York State-based businesses who want to export globally.
US Commercial Service
Assists companies in getting started with exporting or increasing sales to new global markets. Services include trade counseling, market intelligence, business match making, and commercial diplomacy. They can also assist with trade finance and insurance strategies.