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The Ghana Free Zones Authority (GFZA), is a Ghanaian government-controlled institution formed on 31 August 1995 to facilitate the setting up of Free Zone in Ghana to improve the economic development and to regulate its related activities. [1] [2] It was enacted by an Act of Parliament, the Free Zone Act 1995 (Act 504). [3]
Free-trade zones. The formation of free trade areas is considered an exception to the most favored nation (MFN) principle in the World Trade Organization (WTO) because the preferences that parties to a free trade area exclusively grant each other go beyond their accession commitments. [6]
The PEZA Board sets the general policies on the establishment and operations of the Ecozones, industrial estates, export processing zones, free trade zones, and the like. [46] They also review proposals for the establishment of Ecozones, which they subsequently endorse to the president of the Republic of the Philippines.
The African Continental Free Trade Area (AfCFTA) [11] is a free trade area encompassing most of Africa. [12] [13] [14] It was established in 2018 by the African Continental Free Trade Agreement, which has 43 parties and another 11 signatories, making it the largest free-trade area by number of member states, after the World Trade Organization, [15] and the largest in population and geographic ...
Shanghai Free-Trade Zone [note 1] (Shanghai FTZ or SFTZ), officially China (Shanghai) Pilot Free-Trade Zone, [note 2] is a free-trade zone in Shanghai, China.On 22 August 2013, the State Council approved the establishment of the zone.
The paper titled The Free Ports Opportunity suggested that creation of such ports could create 86,000 jobs and help fuel the Northern Powerhouse by bringing increased trade to deprived areas. [4] After the Conservative Party's victory in the 2019 general election , plans were announced for ten freeports to be set up by 2021 with regions bidding ...
A multilateral free trade agreement is between several countries all treated equally, and creates a free trade area.Every customs union, common market, economic union, customs and monetary union and economic and monetary union is also a free trade area, and are not included below.
Special Economic Zones (SEZs) in Pakistan are areas designated by the government of Pakistan to promote industrial growth and attract investment. In Pakistan, the SEZ Act was established on 13 September 2012, alongside the subsequent notification of SEZ Rules within the same year.