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yen

The currency of Japan. 1¥=100 sen.

yuan

The currency of China. 1¥=100 fen.

zaire

The currency of Zaire. 1Z=100 makuta.

Zangger Committee

Examines controls enacted pursuant to the Nuclear Nonproliferation Treaty by refining the list of items requiring nuclear safeguards. The Zangger Committee consists of 23 Nuclear Non-Proliferation Treaty (NPT) nuclear supplier nations and includes all nuclear weapons states except France and China. Through a series of consultations in the early 1970's, the countries of the Zangger Committee compiled a "trigger list" of nuclear materials and equipment. The shipment of any item on the list to a non-nuclear weapons state "triggers" the requirement of International Atomic Energy Agency (IAEA) safeguards. Since the Zangger Committee is associated with the NPT, its members are obligated to treat all non-nuclear weapons parties to the treaty alike. For fear of discrediting the NPT, the Zangger countries cannot target strict nuclear controls toward certain nations with questionable proliferation credentials; the NPT binds them to assist non-nuclear weapons states with peaceful atomic energy projects. See International Atomic Energy Agency; Nuclear Non-Proliferation Treaty.

zip code

(shipping) A numerical code, established by the U.S. Postal Service, used for the purpose of routing and to identify delivery zones. Some U.S. carriers apply this code for freight in the same manner.

zloty

The currency of Poland. 1Zl=100 groszy.

zone

(shipping) Any one of a number of sections or districts of the United States or of the world used for the purpose of establishing proper rates for parcels, mail, and pickup and delivery.

zone status

(U.S. foreign trade zones) The legal status of merchandise which has been admitted to a U.S. foreign trade zone, thereby becoming subject to the provisions of the Foreign Trade Zone Act (FTZA). See foreign trade zone; Foreign Trade Zone Board; Foreign Trade Zone Act; grantee; operator; zone user; subzones.

zone user

(U.S. foreign trade zones) A corporation, partnership or party that uses a U.S. foreign trade zone for storage, handling, processing, or manufacturing merchandise in zone status, whether foreign or domestic. Usually, the zone user is the party which requests a Customs permit to admit, process or remove zone status merchandise. In subzones, the operator and zone user are usually the same party. Users pay the grantee or operator for services such as rent on facilities, storage, handling, promotion and similar services. See foreign trade zone; Foreign Trade Zone Board; Foreign Trade Zone Act; operator; zone user; subzones; zone status.

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