Free trade zones in the United States total 197

Free trade zones in the United States total 197

1 minuto During 2021 there were 197 active Free Trade Zones in the United States, with a total of 356 active production operations, according to Commerce Department data. More than 480,000 people were employed in 1,200 active FTZ operations during that year. Also, the value of shipments to the zones totaled more than $835 billion, up from nearly $625 billion the previous year. About 65% of the shipments received in the zones were domestic status merchandise. The levels of domestic status merchandise used by FTZ operations (77% Continue lendo

AES Brasil assina pré-contrato para produzir hidrogênio verde no Complexo do Pecém

AES Brasil assina pré-contrato para produzir hidrogênio verde no Complexo do Pecém

4 minutos A multinacional é a segunda empresa a assinar pré-contrato para a instalação de usina no complexo industrial e portuário localizado na região metropolitana de Fortaleza. A AES Brasil, empresa geradora de energia 100% renovável, deu nesta quinta-feira (22) um importante passo para a implantação de uma usina produtora de hidrogênio verde no Complexo Industrial e Portuário do Pecém, localizado na região metropolitana de Fortaleza. No segundo dia do evento Pro Energia Summit 2022, realizado na capital cearense, executivos da AES Brasil e Continue lendo

How special economic zone is revolutionising African economy

How special economic zone is revolutionising African economy

5 minutos The adoption of Special Economic Zones (SEZs) by African countries in partnership with private investors is expected to help the continent attract foreign direct investment, boost local revenue and create jobs both directly and indirectly. Poised to modernize, industrialize and be globally competitive, Africa countries are increasingly adopting the concept of Special Economic Zones (SEZs), and Free Trade Zones (FTZs) across the region. African countries such as Nigeria, Rwanda, Gabon, Togo, Benin, and Cote d’Ivoire, Ghana, among others are trailing the blaze Continue lendo

Ministério da Economia realiza missão ao Japão para estreitar as relações bilaterais

Ministério da Economia realiza missão ao Japão para estreitar as relações bilaterais

menos de 1 minuto O Ministério da Economia iniciou nesta segunda-feira (12/9) uma missão ao Japão visando ampliar as relações econômicas e comerciais entre os dois países, com expectativa de crescimento do intercâmbio comercial e de novos investimentos.  Além de visitas técnicas a plantas industriais, a delegação – chefiada pelo secretário especial de Produtividade e Competitividade, Alexandre Ywata – participará da 14ª Reunião do Comitê Conjunto Brasil-Japão sobre Promoção do Comércio, Investimentos e Cooperação Industrial (Comitê Meti-ME) e da 25ª Reunião Plenária do Conselho Continue lendo

XXV Conferencia Zonas Francas de Iberoamérica, 1 y 2 de Diciembre 2022

XXV Conferencia Zonas Francas de Iberoamérica, 1 y 2 de Diciembre 2022

menos de 1 minuto El evento más importante para el sector de Zonas Francas em Iberoamérica, donde operadores, usuários, entidades gubernamentales, inversionistas, consultores y proveedores de la indústria se dan cita para discutir la situación actual, avances, innovaciones, mejores prácticas, tendencias y desafios futuros del sector. Lea más

Deal this year for Indian special economic zone

Deal this year for Indian special economic zone

2 minutos The Bangladesh Economic Zones Authority (Beza) plans to sign a commercial agreement with India by this year for establishing the Indian Special Economic Zone (ISEZ) as negotiations in this regard are almost complete. Shaikh Yusuf Harun, executive chairman of Beza, said they will sit with Indian delegates to finalise the negotiations within one month and then fix a date for the deal signing. Harun hopes that billions of dollars will pour in as investment from the neighbouring nation once the ISEZ inside Continue lendo

Now is the time to review free zones

Now is the time to review free zones

2 minutos As many as 136 countries agreed to the introduction of an OECD-sponsored reform in October 2021, introducing a global minimum corporate tax rate of 15%. The reform has yet to be ratified by local parliaments and effectively implemented, remaining a head-scratcher for many, particularly in developing countries. However, Irma Mosquera, professor of tax governance at Leiden University in the Netherlands, believes that “the time is now” for policymakers to reconsider the kind of fiscal incentives they offer investors through tools like free trade zones Continue lendo

Singapore free trade zones: All you need to know

Singapore free trade zones: All you need to know

1 minuto Free-trade zones in Singapore are special economic areas that offer beneficial customs and tax treatment to firms that operate within them. In this guide, we will discuss what are free-trade zone in Singapore, how they are regulated, what are their advantages, and which permits or licenses your company requires to operate within free-trade zones in Singapore. Singapore is known around the world as a trade-focused country with pro-business free trade regulations that form the core of its international trade policy. Singapore’s free-trade Continue lendo

Special economic zones: A nod towards capitalism in Venezuela

Special economic zones: A nod towards capitalism in Venezuela

2 minutos Venezuela is preparing to replicate the experience of Special Economic Zones (SEZs), a mechanism with which more than 60 countries have tried to draw investment and accelerate economic growth, while under its avowedly socialist government a “silent neoliberalism” is gaining ground. The aim of the SEZs is “to provide special conditions to gain the economic confidence of investors from all over the world, and productive development to put an end once and for all to oil rentism,” said President Nicolás Maduro when Continue lendo