Guam lawmakers hear bill to create Free Trade Logistics Zone; customs urges statutory changes, staffing and $2 million start-up funding The Guam Legislature’s finance committee heard testimony on Bill 174-38, which would establish a Guam Free Trade Logistics Zone. Customs officials and the Guam Economic Development Authority supported the bill’s intent but urged major legal and operational changes, including placing customs oversight in existing enabling law, clarifying interaction

Guam is on the brink of a transformative economic shift with a new bill aimed at creating a Free Trade Logistics Zone, but it faces major hurdles that could impact its future.

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