Home Editorial and Op-Ed Trade zone designation an untapped opportunity for R.I. companies

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

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
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

Fifteen months after Rhode Island became a statewide foreign trade zone, only one company has taken advantage. While the benefits, which include reduced tariffs and more flexibility in paying them, won’t help many businesses, lack of awareness of the opportunities may be a bigger reason for the decidedly slow pace of activity. State officials a

Already a Subscriber? Log in

To Continue Reading This Article

Become a Providence Business News subscriber and get immediate access to all of our premier content and much more.

Learn More and Become a Subscriber

NO COMMENTS

Exit mobile version