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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; Illela International Border Market; LADOL Free Zone ...
The Xinjiang Free-Trade Zone (Chinese: 中国（新疆）自由贸易试验区, 新疆自贸试验区) in China, is located in the northwestern border region and spans an area of 179.66 square kilometers. It consists of three zones: Ürümqi (134.6 square kilometers), Kashgar (28.48 square kilometers), and Khorgos (16.58 square kilometers ...
South Asian Free Trade Area (SAFTA) - 2004 [5] East African Community (EAC) - 2005; ASEAN–Australia–New Zealand Free Trade Area (AANZFTA) - 2010 [6] Pacific Alliance Free Trade Area (PAFTA) - 2012 [7] Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) - 2018; African Continental Free Trade Area [8] - 2019
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
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 ...
Once the 6 first signatories accomplished their goal by 2010, the CLMV countries (Cambodia, Lao PDR, Myanmar, Vietnam) engaged in the same policy on tariffs, with the same goal to achieve by 2015. [6] In 2010, the ASEAN–China Free Trade Area became the largest free trade area in terms of population and third largest in terms of nominal GDP.
The Perai Free Industrial Zone (Perai FIZ) is a free trade zone within Seberang Perai in the Malaysian state of Penang.Located within the suburb of Perai and 4.7 km (2.9 mi) south of Butterworth, the Perai FIZ was established in 1980 with the aim of becoming a major manufacturing hub for bulk items, leveraging its proximity to the Port of Penang and the railway line that links it to the rest ...
Free zones in Dubai are managed and operated by the relevant authority. For instance, the Jebel Ali Free Zone Authority in Dubai is responsible for managing, operating and supervising the Jebel Ali Free Zone, one of the largest seaport free zones in Dubai. It has a subsidized rate of 32 percent on the country's Foreign Direct Investment (FDI).