março 2018

Chinese special economic zones: how do they benefit your company?

Chinese special economic zones: how do they benefit your company?

6 minutos Much has been said and written about Chinese Special Economic Zones (SEZs), including our own article about the Shenzhen Qianhai Special Economic Zone. However, what exactly sets SEZs apart from the rest of Mainland China? Indeed, what distinguishes SEZs from Free Trade Zones, and what advantages do Special Economic Zones offer? As most of our clientele consists of SMEs, we try to take a practical approach in explaining their meaning and the current benefits of these zones: are they still special and beneficial for Leia mais

Free economic zones: pros and cons

Free economic zones: pros and cons

4 minutos Free Trade Zones (FTZs), also known as a free commercial zone, are a sub-category of special economic zones. They are fenced-in, duty-free areas, offering warehousing, storage, and distribution facilities for trade, transshipment, and re-export operations, without the intervention of the customs authorities. There are several definitions of FTZs referring their different characteristics: Geographic form Type of business Industrial specialization (service, technology, logistics, construction, assembly, etc.) However, the FTZ regime attempts to provide favorable conditions that decrease business transaction costs, promote investments, facilitate Leia mais

Djibouti announces construction of Africa’s largest free trade zone

Djibouti announces construction of Africa’s largest free trade zone

1 minuto The tiny nation of Djibouti will begin construction of a Chinese backed project which would constitute Africa’s largest free trade zone. The construction of the project was formally launched by President Ismaïl Omar Guelleh, after plans for the 19-square mile free trade zone were signed and agreed in March 2016. Chinese investors in the zone aim to expand trade routes across the continent with a number of infrastructure initiatives, making up part of the One Belt, One Road scheme. Aboubaker Omar Hadi, Leia mais

Porto do Açu pede isonomia, celebra ZPE e serviço door to door

Porto do Açu pede isonomia, celebra ZPE e serviço door to door

menos de 1 minuto O Porto do Açu, localizado no litoral norte do estado do Rio de Janeiro, planeja políticas comerciais agressivas para a atração de novas cargas e empreendimentos para a região. Durante a realização da feira Intermodal South America 2018, o gerente de Relações Institucionais do Porto do Açu, Caio Cunha, disse ao Portogente que os portos privados são o “caminho do crescimento da área portuária e logística no País”. Representando os interesses do setor, ele exige isonomia na competição com os portos Leia mais

ExecuJet base in Lagos (Nigeria) granted free trade zone status

ExecuJet base in Lagos (Nigeria) granted free trade zone status

1 minuto Aviation company ExecuJet announced on Monday that its maintenance, repair and overhaul (MRO) facility in Lagos, Nigeria, had been designated a free trade zone (FTZ) by the Nigerian authorities. As a result, parts and services supplied by ExecuJet to its customers in Nigeria’s commercial capital will now be exempt from value added tax (VAT) and customs dues. The company further announced that these savings will be passed on to its customers. This should result in savings of 10% to 15% or even Leia mais