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FOREIGN FOCUS: Richard W. Pinto Jr., CEO of the Rhode Island International Trade Center in Providence, says the center focuses on bringing foreign companies into the United States via Rhode Island and is working with about a dozen foreign companies in Ireland, Italy, Canada, Spain, Lithuania and the United Kingdom. / PBN PHOTO/MICHAEL SALERNO

Many R.I. businesses partner overseas, but state’s trade-zone designation has yet...

Cargo ships carrying components for Block Island Wind Farm’s enormous wind turbines arrived regularly at Providence’s port in 2015 and 2016, when the wind...
SPREAD THE WORD: Avi Nevel, CEO and president of the Rhode Island-Israel Collaborative, thinks many Rhode Island businesses are unaware of the opportunities presented by foreign trade zones. / PBN FILE PHOTO/MIKE SKORSKI

Trade zone designation an untapped opportunity for R.I. companies

Fifteen months after Rhode Island became a statewide foreign trade zone, only one company has taken advantage. While the benefits, which include reduced tariffs...
ICE MELT: The Elizabeth River, out of Hong Kong, offloads 60,000 tons of salt at the Port of Providence. The salt is sourced from the interior of Egypt and is used as ice melt. / PBN PHOTO/MICHAEL SALERNO

R.I. bids to become a statewide foreign trade zone. Who will...

Rhode Island, which sometimes is at a disadvantage trying to lure or expand business because of its small size, now hopes to use that...
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