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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.
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 ...
Hulu Klang Free Trade Zone (Statchippac, Texas Instrument) Kulim Hi-Tech Park, Kedah; Melaka Batu Berendam Free Trade Zone (Texas Instrument, Dominant Semiconductor, Panasonic) Pasir Gudang Free Trade Zone, Johor; Port Klang Free Zone, Klang, Selangor; Sungai Way Free Trade Zone (Western Digital, Free Scale, etc.)
The concept of Special Economic Zone arose in the late 1950s in Ireland. [2]: 55 The Irish government established the Shannon Free Zone to encourage foreign investment through tax incentives. [2]: 55 Various Chinese leaders visited Shannon Free Zone, including Jiang Zemin (in 1980) and later Zhu Rongji, Wen Jiabao, and Xi Jinping. [2]: 55
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 .
Batam is a tax free export zone rather than a free port, therefore much industry is limited to international exports. Batam has also become an alternate air transport hub as Java's airports are congested. Some 62,000 Singaporeans visited Batam in January 2012, compared with stronger links to Johor, some 70,000 daily. [2]
The last image we have of Patrick Cagey is of his first moments as a free man. He has just walked out of a 30-day drug treatment center in Georgetown, Kentucky, dressed in gym clothes and carrying a Nike duffel bag. The moment reminds his father of Patrick’s graduation from college, and he takes a picture of his son with his cell phone.
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 ...