Artigos

Pilot free trade zones: Taking reform and opening-up to new heights

Pilot free trade zones: Taking reform and opening-up to new heights

6 minutos Forty years ago, China began to set up special economic zones in Shenzhen, Zhuhai, Shantou, and Xiamen, as “testing grounds” for China’s reform and “windows” for its opening-up. At the Boao Forum for Asia Annual Conference in 2018, Chinese President Xi Jinping pointed out that opening-up was key to China’s economic growth over the past four decades, and in the same vein, high-quality development of China’s economy in the future can only be achieved with greater openness. Since the 18th National Congress Continue lendo

Special Economic Zones: An Ignored Economic Solution

Special Economic Zones: An Ignored Economic Solution

4 minutos Developing nations wish to be the USA or the China of tomorrow but it needs planning and strategy. Economic development and growth are the targets and funding is needed. Public-Private sector combined growth drive is needed to achieve such targets, and one of the strategy is the use of Special Economic Zones (SEZ). These are regions within a country that have economic laws more liberal than that country’s typical economic laws. They have been used for decades by developing countries to attract Continue lendo

Japan to invest in 2 SEZs in Bangladesh, pledges more

Japan to invest in 2 SEZs in Bangladesh, pledges more

1 minuto Japan will be investing in two Special Economic Zones in Bangladesh, all the while promising that more investment of the leading Asian economy will come into the country. The two Special Economic Zones are in Narayanganj’s Araihazar upazila and Chattogram’s Mirsarai upazila, Commerce Minister Tipu Munshi said after holding a meeting with Japanese Ambassador Hiroyasu Izumi at his office on February 14, 2019. The investment is coming in the 100 Special Economic Zone project (SEZ) taken up by the administration of Prime Continue lendo

The U.S. Foreign-Trade Zones Program: Economic Benefits to American Communities

The U.S. Foreign-Trade Zones Program: Economic Benefits to American Communities

1 minuto Foreign-trade zones (FTZs or zones) provide tariff savings and other benefits to companies that engage in import and export operations in the United States. These benefits were provided by Congress beginning in 1934 to encourage U.S. economic activity in manufacturing and distribution, and employment that might otherwise be performed abroad. Economic analysis of the effects of FTZs is limited, particularly the impact of FTZs on economic activity and jobs in localities with operational zones. To remedy this deficiency, the National Association of Continue lendo