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Singapore Customs became the lead agency on trade facilitation and revenue enforcement matters. It is also responsible for the implementation of customs and trade enforcement measures including those related to Free Trade Agreements and strategic goods. The headquarters is located in Revenue House along Newton Road, Novena .
The ASEAN Free Trade Area ( AFTA) [ 1] is a trade bloc agreement by the Association of Southeast Asian Nations supporting local trade and manufacturing in all ASEAN countries, and facilitating economic integration with regional and international allies. [ 2][ 3][ 4] It stands as one of the largest and most important free trade areas (FTA) in ...
See also: List of special economic zones and List of free-trade zones In special economic zones business and trades laws differ from the rest of the country. The term, and a number of other terms, can have different specific meanings in different countries and publications. Often they have relaxed jurisdiction of customs or related national regulations. They can be ports or other large areas ...
Kuwait's free trade zone (FTZ) was formally established in 1999 to expand businesses and lure the export industry. The zone was located in the western part of the commercial port of Shuwaikh. It was the only free trade zone in the country. In 2019, the Council of Ministers cancelled the free-zone, leaving Kuwait without a special economic zone.
July 25, 2024 at 7:49 AM. BRUSSELS (Reuters) - The European Union and Singapore concluded a digital trade agreement on Thursday designed to ease cross-border data flows and shape global rules for ...
Area: 127 Hectares Free Trade Zone, 28 Hectares non-Free Trade Zone; Warehouse facilities: 178,000 m 2; PSA Singapore also has a 40-year contract to operate the tax-free Gwadar Port on the southwestern coast of Pakistan. Gwadar started operation in March 2008, with 3 multi-purpose berths, a 602-meter quay, and 12.5-meter depth.
The industrial park is a free trade zone.The park was created in 2003 and officially opened by Minister for Transport Yeo Cheow Tong on 20 March that year. [3] The project was a joint venture between the Civil Aviation Authority of Singapore, the airport operator, and JTC Corporation, the largest industrial land developer in the country. [4]
The Singapore–United Kingdom Free Trade Agreement (SUKFTA) is a free trade agreement between the United Kingdom and Singapore. It was signed prior to the withdrawal of the United Kingdom of the European Union as a Continuity trade agreement in order to protect trade and investment between the two parties as the UK would no longer be a party ...