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From Delos to NEPZA: The story of free trade zones

From Delos to NEPZA: The story of free trade zones

10 minutos From available records, the world’s First Free Trade Zone (FFTZ) dates back to 166 BC, when Greece made the island of Delos a Free Port. The succeeding Roman Empire followed up with its Civitas Libera or Free Cities which were exempted from paying the annual tribute the reigning emperor, and allowed to mint their own coins and make their own laws. In the 12th Century, the Hanseatic League (a confederation of trading cities chartered and loosely governed by the Holy Roman Empire) Continue lendo

Zonas francas y la incompetencia perfecta – Chile

Zonas francas y la incompetencia perfecta – Chile

3 minutos Los miembros de la Asociación de Criadores Angus en Magallanes, dirigidos por Rodrigo Gallegos, aprovecharon la venida del ministro de Agricultura a la región, hace pocos días, para plantearle como productores la competencia desleal en la comercialización de los productos cárneos en el interior de la Zona Franca de Punta Arenas. Un asunto que los preocupa ya desde hace 20 años, cuando en el interior del recinto amurallado, se comenzó a comercializar carnes provenientes de Paraguay y Argentina. El planteamiento de los Continue lendo

Free zones authority inaugurates directors – Uganda

Free zones authority inaugurates directors – Uganda

1 minuto The Board consists of 2 representatives from the Private Sector and include; the Chairperson Frederick Kiwanuka and the Vice Chairperson, Grace Achire Labong, Stephen Kasangaki from Ministry of Finance Planning and Economic Development (MoFPED), Cleopas Ndorweire from the Ministry of Trade Industries and Cooperatives (MTIC), Robert. V. Nyombi from Uganda Land Commission (ULC), Lawrence Byensi from Uganda Investment Authority (UIA) and Stella Nyapendi Chombo an ex-officio member from Uganda Revenue Authority (URA). While presiding over the inauguration ceremony, Kasaija, reiterated that the Continue lendo

Government grants special economic zone status to Manicaland – Zimbabwe

Government grants special economic zone status to Manicaland – Zimbabwe

1 minuto President Emmerson Mnangagwa said government will soon grant Manicaland a Special Economic Zone (SEZ) status. Addressing a rally at Sakubva stadium in the eastern border city on Saturday, Mnangagwa said Manicaland will fall under SEZs for the purposes of exportation of goods to Beira from Mutare. Manicaland province is rich in natural resources such as gold, diamonds and timber and has got a good climate for horticulture. “In our economic plans, Manicaland will be granted a status of Special Economic Zone for the Continue lendo