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Topic: Free Trade Zones

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In the News (Wed 22 May 19)

  Free trade zone - Wikipedia, the free encyclopedia
A free trade zone (FTZ) or export processing zone is one or more areas of a country where tariffs and quotas are eliminated and bureaucratic requirements are lowered in order to attract companies by raising the incentives for doing business there.
They are special zones where (some) normal trade barriers such as import or export tariffs do not apply, bureaucracy is typically minimized by outsourcing it to the FTZ operator and corporations setting up in the zone may be given tax breaks as an additional incentive.
Usually, these zones are set up in underdeveloped parts of the host country, the rationale being that the zones will attract employers and thus reduce poverty and unemployment and stimulate the area's economy.
en.wikipedia.org /wiki/Free_trade_zone   (331 words)

 federal free trade zones   (Site not responding. Last check: 2007-11-07)
neutral zones: we chao fa propose xay sounboun of xieng khuang and lonko front battle field of xayabury to be neutral zones for ceasing fire under the monitor of united nations.
free trade agreements make it more difficult for governments to enact economic sanctions or trade restrictions against other states or corporations that are benefiting from armed conflict or repression.
"it is very important in all of our trade relationships, whether with china or japan or the asean countries, that we don't get hung up by process, that we look at the volume of trade and the opportunities and not the agreements and the free trade discussions," he said.
www.ins-inc.net /federal/free/trade/zones   (13117 words)

 Free Trade Zones in Turkey
Free Zones are defined as special regions within the country that are deemed to be outside of the customs border and where the valid regulations related to foreign trade and other financial and economic areas are either not applicable, are partly applicable or in which new regulations are tested.
Free Zones are also the regions where a more convenient business climate is provided in order to increase trade volume and export for certain industrial and commercial activities as compared to other parts of country.
Free Zones Law numbered 3218 was issued in 1985 with the objective of increasing export-oriented investment and production in Turkey, accelerating the entry of foreign capital and technology, procuring inputs into the economy in an economic and orderly fashion and increasing the utilization of external finance and trade possibilities.
www.turizm.net /economy/free_trade_zones_in_turkey.html   (1398 words)

 LAII: Prospects For Free Zones Under FTAA
Another reason why free trade zones could be strategically important for Latin American countries is that they are countries well known for frequent changes in economic and administrative regulations, consequently making the economic climate very uncertain and risky from a foreign investor's point of view.
The role of free trade zones in South America is to provide a bureaucracy-free environment, free trade conditions (duty free machinery, equipment and materials) and stability of the "rules of the game" for investors (both local and foreign) who want to process raw materials for export.
Even though international experience shows some unsuccessful free trade zones (especially when the location was poor and the legislation non-competitive) in most cases free trade zones have been successful in reaching the goals set at their creation.
laii.unm.edu /conference/braga.php   (3213 words)

 Free Trade-Industrial Zones - Guide to Iranian Market
As reflected in its preface, the Law on the manner of Administration of the Free Trade-industrial Zones was passed for the express purpose of facilitating comprehensive, sustainable social and economic development.
The three Free Trade-Industrial Zones are the islands of Kish and Qeshm in the Persian Gulf and Port chahbahar on the southern border of the Islamic Republic of Iran.
The provision of the law on the manner of Administration of the Free Trade-industrial Zones and the relevant decrees of the Council of Ministers are the primary legal sources for regulating economic activities and enterprises in the Free Zones.
www.irtp.com /howto/freetra/mb7.asp   (577 words)

 Iran’s free trade zones, by MENAS
Iran’s free trade zones are under the direct supervision of the High Council of Free Trade and Industrial Zones, which is presided over by the President of the Islamic Republic of Iran and comprises among others 11 ministers and the governor of the Central Bank of Iran.
Free Zone Organisations, which are eager to ensure that there are no unnecessary delays and a minimum of bureaucracy.
The Free Zone Organisation, with one managing director on top of it, supervises and is responsible for all government activities in the FTZs, from issuing work permits to providing access to the sewerage system.
www.iraniantrade.org /_NewsUpdates/00000759.htm   (1252 words)

 Index to Free Trade Zones, International Commerce, Business Overseas
Free Trade Zones - "A through C" - Free Trade Zones by Country Name in Alphabetical Order - "A through C" - Manufacturing Zones - Business Havens and Free Trade Zones of the world.
Free Trade Zones - "D through M" - Free Trade Zones by Country Name in Alphabetical Order - "D through M" - Manufacturing Zones - Business Havens and Free Trade Zones of the world.
Free Trade Zones - "M through Z" - Free Trade Zones by Country Name in Alphabetical Order - "M through Z" - Manufacturing Zones - Business Havens and Free Trade Zones of the world.
www.escapeartist.com /ftz/ftz_index.html   (211 words)

 Romania - Free Trade Enterprise Zones
Goods and other merchandise are admitted into free trade zones without restrictions as to country of origin or destination, provided that the import of such goods into Romania is not prohibited.
Free trade zones are established by Government decision, at the proposal of interested ministries and local public administrations.
Activities to be carried out in free trade zones (storing, weighing, handling, packaging, processing, banking and financial operations, etc.) are authorized by a license issued by the Board of Directors of the respective zone.
www.factbook.net /Freetradezone.htm   (555 words)

 The World Factbook 2004 -- Field Listing - Economy - overview
Trade with Russia and the other former Soviet republics is declining in importance while trade is building with Turkey and the nations of Europe.
Trade deficits are offset by remittances from emigrants and by foreign aid, overwhelmingly from New Zealand.
Reexport trade normally constitutes a major segment of economic activity, but a 1999 government-imposed preshipment inspection plan, and instability of the Gambian dalasi (currency) have drawn some of the reexport trade away from Banjul.
www.brainyatlas.com /fields/2116.html   (16452 words)

 Free Trade Zones for Northwestern Ontario Airports   (Site not responding. Last check: 2007-11-07)
The establishment of Free Trade Zones (FTZ) at the Port of Thunder Bay, Thunder Bay International Airport and other airports in Northwestern Ontario is another strategy we recommend as part of the Smart Growth Northwestern Ontario Pilot Project.
Free Trade Zones in Northwestern Ontario are areas that would allow foreign goods to be landed, stored, displayed, used for manufacturing within the zone, and re-exported without paying duties.
Goods remain tax-free while in the Free Trade Zones until the merchandise is either exported or domestically consumed, thereby saving costs to foreign traders.
www.noacc.com /free_trade_zones.asp   (699 words)

 Jamaican women and Free Trade Zones - JAMAICAOBSERVER.COM
Free Trade Zones (FTZs) emerged in the early 1980s as a way of increasing foreign exchange, export earnings, employment for low-income workers and access to technology.
The average age of a FTZ worker was 25 and nearly two-thirds lived with their extended family or partners.
Although the FTZ have provided jobs for women, often, the jobs are laborious, poorly paid, and there are few opportunities to gain new skills.
www.jamaicaobserver.com /magazines/AllWoman/html/20050320T180000-0500_77228_OBS_JAMAICAN_WOMEN_AND_FREE_TRADE_ZONES.asp   (767 words)

 [No title]
Free-trade zones are among the most versatile, and under-used, devices available for saving on duties, taxes and other costs involved with global trade.
The purpose then was to facilitate trade in the region — and to avoid the greedy grasp of local princes and dukes looking for ways to tax international commerce.
The third most common reason for using a free-trade zone is to store goods duty free within the boundaries of a country until the user is ready to clear the goods through customs.
www.supplychainbrain.com /archives/05.03.ftz.htm?adcode=40   (2011 words)

 Commanding Heights : Naomi Klein | on PBS
Anyway, my research into free trade in the Philippines and Indonesia made it very clear that the key demand of the workers on the ground is simply the right to organize, the right to freedom of association, and the right to negotiate with their employers without being punished.
What we need to do is to reject this dichotomy that there's one group that is in favor of trading goods and services across borders; there's another group of people that want to live in grass huts and make all their own clothes and have absolutely no commerce.
No-union zones are created within free-trade zones, which is basically creating a lawless territory within a nation-state, so when companies turn round and say, "You're trying to infringe on the sovereign territory of these nations," it's pretty ironic, because this whole model of development is based on changing sovereign laws of countries.
pbs.org /wgbh/commandingheights/shared/minitextlo/int_naomiklein.html   (7352 words)

 Free Trade - Industrial Zones
The authority of each Free Zone is obliged to issue a permit of transfer within one week from the date of the receipt of an application for such repatriation.
However, exchange of goods between the Zone and the rest of the country, whether of a commercial nature or by travelers, is governed by the general national regulations on the export and import of goods.
Importation of goods produced in the Free Zone in which all or parts of their raw materials are supplied domestically, shall be exempt wholly or partially from payment of customs duties and commercial benefit tax, in proportion to the domestic raw materials component ot the product.
www.iranembassy.or.id /economicfreetrade.htm   (2279 words)

 Free Trade Zones   (Site not responding. Last check: 2007-11-07)
The Harbor Free Zone with a total area of 214,760 m² (53 acres) is an enclosed area where export oriented companies can be established.
The characteristics of the Harbor Free Zone are:
The free zone will be an integral part of the airport customs area with direct connection to the airport runway.
www.curacao-chamber.an /tradepoint/freezone.htm   (487 words)

 Free Trade Agreements and Customs Unions, by Douglas A. Irwin: The Concise Encyclopedia of Economics: Library of ...
Free trade, usually defined as the absence of tariffs, quotas, or other governmental impediments to international trade, allows each country to specialize in the goods that it can produce cheaply and efficiently relative to other countries.
While virtually all economists think free trade is desirable, they differ on how best to make the transition from tariffs and quotas to free trade.
That is because groups that otherwise would be opposed or indifferent to trade reform might join the campaign for free trade if they see opportunities for exporting to the other countries in the trade agreement.
www.econlib.org /library/Enc/FreeTradeAgreementsandCustomsUnions.html   (1782 words)

 Free Trade Zones
According to the legally accepted definition, the free trade zones and special economic zones are those parts of the Iranian territory that are managed according to the special laws and bylaws and are excluded from the laws of the governing motherland.
The council of ministers later adapted the bylaws of the free zones.
Iran's Free Zones are supervised by a council consisting of 14 ministers and high ranking officials under the chairmanship of the President of the Islamic Republic of Iran.
www.salamiran.org /Economy/FreeZones/FTZ.html   (2315 words)

 Free Trade Zones....? - DR1 Forums
My housekeeper has family that works in the free zone and she feels that compared to most wages for hotel/resort workers they are well paid.
The biggest obstacle for Free Zones is NOT their employees, it is the government.
The point, if there is one, is that Free Zones are an important sector of employment and income for this country.
www.dr1.com /forums/showthread.php?t=20127   (2202 words)

 Free trade zones show increased activity   (Site not responding. Last check: 2007-11-07)
Dutch Sulphochem Private Free Zone in Aqaba for storage and distribution of chemicals which are used in the paint and plastic materials industry will provide 30 job opportunities.
There are five private free zone areas at Quwaira, Aqaba and Qaa' Khana operating in the field of importation, slaughtering and distribution of sheep in the local and neighbouring markets where such areas provide 1000 job opportunities.
Several applications for the establishment of private free zones are still under consideration by the corporation.
www.jordanembassyus.org /112999011.htm   (320 words)

 Free Trade Zones   (Site not responding. Last check: 2007-11-07)
(National Ordinance Economic Zone no.18, 2001) In other words, as of this date it is not necessary anymore for goods to be physically present within the zone as was required under the former free zone law.
There are currently two economic zones, each one located in a strategic point of the island namely, near the harbor and adjacent to the airport.
Corporate profit taxes in any of the free zones is set at a rate of 2%, with the exception of sales to the domestic market of the Netherlands Antilles.
www.curacao-chamber.an /c-info-htm/content/freezone.htm   (586 words)

 FREE TRADE ZONES IN UAE   (Site not responding. Last check: 2007-11-07)
A Free Trade Zone in a country is a specially designed area for promoting export trade and opening the home economy to outside world.
The global economy is becoming increasingly more interdependent and a free trade zone helps as a gateway to export products.
In furtherance of this each Emirate has established free zone/s in the respective Emirate to promote the international trading.
www.doingbusinessinuae.com /freetrade_zones.htm   (310 words)

 Latin Advisory: Uruguayan Free-Trade Zones   (Site not responding. Last check: 2007-11-07)
For those companies serving various jurisdictions, operating from a free trade zone may become a convenient alternative from a tax viewpoint.
Montevideo’s free-trade zone, which is near the airport and not far from the nation’s capital, is one of the most preferred locations by non-Uruguayan companies.
The Montevideo free-trade zone (as well as the other free-trade zones) is available for enterprises that are engaged in various commercial and industrial activities, including professional services, financial services, data processing, Internet services, repairs and maintenance, and other services to the extent that they are sold to entities outside of Uruguay.
www.imakenews.com /texec/e_article000018787.cfm   (283 words)

If the merchandise is sold domestically, no duty is paid until it leaves the zone or the zones.
Generally, if foreign merchandise is manufactured into a product with a lower duty rate, then the lower duty rate applies on the foreign content when duty is paid.
Merchandise in a foreign-trade zone may be stored, repackaged, manipulated, manufactured, destroyed or otherwise altered or changed.
www.eurotradeconcept.nl /ftz.htm   (185 words)

 Free Trade Zones A - C (Antigua through Costa Rica)
Qingdao Free Trade Zone - Qingdao Free Trade Zone - Is specialized in the processing and trade of peanuts and peanut kernels.
Tianjin Port Trade Free Zone - Tianjin Port Trade Free Zone -
Ultrapark is the premiere business park in Costa Rica, targeting and attracting companies wishing to expand their operations to a country that offers political and social stability, lucrative investment incentives, a supportive business environment, a good labor value and a strategic location in the middle of the Americas.
www.escapeartist.com /ftz/ftz.htm   (458 words)

 dirhub.com - free trade zones
Read about free trade zones in the free online encyclopedia and dictionary.
Find results for free trade zones and anything else you are looking for instantly!
View FREE full-text articles and FREE premium archive previews at HighBeam Research - Find, organize & share information from 1,000s of trusted business, trade, consumer & reference publications.
www.dirhub.com /Free-Trade-Zones.aspx   (249 words)

 World Index of Free Trade Zones
Free Trade Zones by Country Name in Alphabetical Order - "A through C" -
Free Trade Zones by Country Name in Alphabetical Order - "D through M" -
Free Trade Zones by Country Name in Alphabetical Order - "M through Z" -
www.globalrealestatecentral.com /free_trade_zones.asp   (164 words)

 Blogcritics.org: Attention all Aussies: Free trade benefits everyone!
Today, "free trade" is really "Faux Free Trade," simply sheep's clothing to mask the actions of predatory multinationals which do not have the best interests of the American public at heart.
The spinners drag in the red herring of "Free Trade", but real free trade is based on David Ricardo's Theory of Comparative Advantage and that rests on "the key assumption of factor immobility." Labor and capital are assumed perfectly mobile within an exporting country, but must stay within that country.
The basic fallacy in their claims is that the concept of real Free Trade was predicated on "the immobility of factors of production." That's mildly exotic, but it just means that labor and capital (including profits) must remain within their respective trading countries.
blogcritics.org /archives/2004/08/05/003411.php   (3377 words)

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