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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.
The four aforementioned special economic zones were all established from 1980 to 1981. As of 2024, there have been 3 additional special economic zones. In 1988, Hainan became the fifth SEZ. In 1990, Pudong district in Shanghai became the sixth "SEZ". In 2009, Binhai district in Tianjin became the seventh SEZ.
One of four special economic zones (SEZ) established in May 1980, it was the first SEZ created by Deng Xiaoping, [1] and, like the other three zones, was modeled after Ireland's Shannon Free Zone. [2] Until 2010, the Shenzhen Special Economic Zone comprised four of the nine districts of Shenzhen City in Guangdong Province, namely Luohu, Futian ...
Special Economic Zone as per Central Sales Tax, 1956 --> A Special Economic Zone (SEZ) is a geographically bound zone where the economic laws relating to export and import are more liberal as compared to other parts of the country. These are like a separate island within the territory of India.
Shenzhen was the first of the Special Economic Zones (SEZ) to be established by then paramount leader Deng Xiaoping. [97] [38] Back to Apr 1979, Shenzhen was reformed as a Special Export Zone to create a favorable investment environment and introduce advanced technology and management experience, later renamed to Special Economic Zone in May ...
Malaysia and Singapore leaders signed an agreement on Tuesday to create a special economic zone to attract global investment and ease the cross-border flow of goods and people. Malaysian Prime ...
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 ...
Pages in category "Special economic zones" The following 106 pages are in this category, out of 106 total. This list may not reflect recent changes. ...