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A special economic zone ( SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the ...
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.
Centenary Economic City. Enugu Industrial Park (Free Zone Status), also known as, ENPOWER [6] Kano Free Trade Zone. Ibom Science & Technology Park Free Zone. Lekki Free Trade Zone. Maigatari Border Free Trade Zone. Nigeria International Commerce city. Onne Oil and Gas Free Trade Zone. Ogun-Guangdong Free Trade Zone.
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 ...
International trade secretary Lizz Truss will on Monday ask for Britain to become a member of the Trans-Pacific trading area, which is currently made up of 11 nations.
Free economic zone. Free economic zones ( FEZ ), free economic territories ( FETs) or free zones ( FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity.
Kamanga Agro-Industrial Economic Zone: Brgy. Kamanga, Maasim, Sarangani: Kamanga Agro-Industrial Ecozone Development Corporation: R-XII: 54.6 New Jubilee Agro-Industrial Economic Zone: Brgy. Hilapnitan, Baybay, Leyte: New Jubilee International Holdings, Inc. R-VIII: 4.98 Philippine Packing Agricultural Export Processing Zone: Bugo, Cagayan de ...
Freeports in the United Kingdom. Freeports in the United Kingdom are a series of government assigned special economic zones where customs rules such as taxes do not apply until goods leave the specified zone. The theoretical purpose of such freeports is to encourage economic activity in the surrounding area and increase manufacturing.