China: A FTZ with a focus on establishing a hub for oil and gas value chain
1 minuto The Free Trade Zone concept was first introduced by the 1973 Kyoto Convention (International Convention on the Simplification and Harmonization of Customs Procedures 1973). The 1973 Kyoto Convention defines a Free Trade Zone as a specific district (within the customs territory of a sovereign country or region) that is designated to allow foreign goods to be imported and exported freely under tariff exemptions. The first Free Trade Pilot Zone (herein referred to as “Free Trade Zone“) was established in Shanghai Pudong on Continue lendo→