The New River Valley Commerce Park is adjacent to the Virginia TradePort – International Port of Entry #1412 and Foreign Trade Zone #238 (located at the New River Valley Airport). Foreign Trade Zone #238 is active and covers the NRV Commerce Park site.
Benefits of the Foreign Trade Zone include
- Duty Exemption
- Duty Deferral
- Duty Reduction or Inverted Tariff
- Merchandise Processing Fee (MPF) Reduction
- Streamlined Logistics
- Quota Avoidance
See www.vatradeport.com for more information about FTZ #238.