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A special economic zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's domestic economic laws. India has specific laws for its SEZs. India was one of the first countries in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set ...
As of March 2010 Russia's federal special economic zones host 207 investors from 18 countries. There are major MNCs among investors to Russia's SEZ, such as Yokohama, Cisco, Isuzu, Air Liquide, Bekaert, Rockwool and many others. Russia's 15 existing and to-be federal special economic zones are managed by OJSC "Special Economic Zones".
The definition of an SEZ is determined individually by each country. According to the World Bank in 2008, the modern-day special economic zone typically includes a "geographically limited area, usually physically secured (fenced-in); single management or administration; eligibility for benefits based upon physical location within the zone; separate customs area (duty-free benefits) and ...
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 ...
A free-trade zone (FTZ) is a class of special economic zone. [ 1 ] [ 2 ] It is a geographic area where goods may be imported , stored, handled, manufactured, or reconfigured and re- exported under specific customs regulation and generally not subject to customs duty .
Pages in category "Special economic zones" The following 106 pages are in this category, out of 106 total. ... Sarakhs Special Economic Zone; Shannon Free Zone;
List of special economic zones in India; Sri City; V. Visakhapatnam Special Economic Zone; W. World Trade Center Chennai
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 .