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A free trade zone is normally established in a single country, although there are a few exceptions where a free zone may cross a national border, such as the Syrian/Jordanian Free Trade Zone. [21] Free trade areas are set up between countries; for example, the Latin America Free Trade Association (LAFTA) was created in the 1960 Treaty of ...
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 ...
Aluminium Smelter Company Free Trade Zone; Border Free Trade; Calabar Free Trade 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 ...
1937 poster celebrating the United States' first foreign trade zone, Staten Island In the United States, a foreign-trade zone (FTZ) is a geographical area, in (or adjacent to) a United States port of entry, where commercial merchandise, both domestic and foreign, receives the same Customs treatment it would if it were outside the commerce of the United States.
Free trade areas between groups of countries, such as the European Economic Area and the Mercosur open markets, establish a free trade zone among members while creating a protectionist barrier between that free trade area and the rest of the world.
Zhejiang Free-Trade zone, officially China (Zhejiang) Pilot Free-Trade Zone (Chinese: 中国（浙江）自由贸易试验区; pinyin: Zhōngguó (Zhèjiāng) Zìyóu Màoyì Shìyànqū) is a free-trade zone in Zhoushan, Zhejiang Province, China.
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).
From 1 January 2016, Ukraine and the European Union started provisionally applying a Deep and Comprehensive Free Trade Agreement.Member states of the Eurasian Economic Union (EEU or EAEU) held consultations on 22 December 2015 to discuss the implications of the agreement concerning the possible duty-free transit of EU goods into the EEU via Ukraine.