Foreign Trade Zone

Foreign Trade Zone
4:58 pm
Mon December 5, 2011

Area Foreign Trade Zone expanded to all of St. Louis City, County

St. Louis mayor Francis Slay at a press conference regarding the expansion of the region's Foreign Trade Zone to include all of St. Louis and St. Louis County.
(Joseph Leahy/St. Louis Public Radio)

St. Louis city and St. Louis County officials say they've gotten federal approval that will help local companies compete in the global market. The area's Foreign Trade Zone has expanded to include all of St. Louis County and City.

The expanded zone will allow more local manufacturing and distribution companies to import goods duty-free and avoid other customs fees.

Mayor Francis Slay announced the expansion at Sunset Transportation in south St. Louis. Slay says the approval from the US Department of Commerce also streamlines the time it takes for businesses to qualify.

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