Bonded Logistics Park (Center)
Definition
In the supply chain, a "bonded logistics park" or "bonded logistics center" refers to a specially designated area where goods can be stored, processed, and distributed under bond. These facilities are typically located near ports or airports and are regulated by customs authorities. Bonded logistics parks offer benefits such as duty deferment, streamlined customs procedures, and value-added services, making them ideal for international trade and logistics activities.
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