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Bonded warehouses play a crucial role/function/position in international trade by facilitating the storage/holding/preservation of imported goods before customs duties are paid. These facilities operate under strict regulations/guidelines/rules established by governing bodies/regulatory agencies/customs authorities to ensure/guarantee/maintain comp

A bonded warehouse serves as a secure storage for goods that are imported or shipped internationally. These warehouses operate under strict guidelines set by customs authorities, ensuring the proper management of goods until they are released. Organizations utilize bonded warehouses to reduce import duties and taxes by storing goods temporarily bef