Foreign Trade Zone (FTZ) No. 46 (Ohio) and No. 47 (Kentucky) encompasses five counties in Southwestern Ohio (Hamilton, Brown, Clermont, Butler and Warren); and three counties in Northern Kentucky (Boone, Kenton and Campbell). FTZ No. 46 and No. 47 is a business operations focused federal program designed to help regional businesses compete in the global marketplace through the elimination, deferral or reduction of customs duties on imported and exported/re-exported merchandise. An FTZ is a site that is legally considered outside of the United States for the U.S. Customs purpose of duties; goods may be brought into the site duty free and without formal Customs entry. Greater Cincinnati Foreign Trade Zone, Inc., is the grantee of the program, and the Port of Greater Cincinnati Development Authority is program manager. The FTZ program supports the greater regional economic development partnership.