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Free Trade Zones as part of the UK’s post Brexit international trade strategy

Free Trade Zones as part of the UK’s post Brexit international trade strategy

1 minuto Following Brexit the UK is likely to be disadvantaged in seeking inward investment into Europe by a reduction in its access to the Single Market. To address this disadvantage the government could consider using FTZs to attract foreign investors. The EU has permitted such zones to be set up for regional development purposes in a number of locations including Shannon and Katowice. Following withdrawal from the Single Market the UK would suffer at least a short term disruption to its trade patterns Leia mais

Interview: Growth & value-addition

Interview: Growth & value-addition

menos de 1 minuto Dr Jayant Menon is the Lead Economist (Trade and Regional Cooperation), Economic Research and Regional Cooperation Department with Asian Development Bank (ADB), and works on trade, international investment and development issues. He is the co-author of the October 2015 ADB report “Cambodia’s Special Economic Zones”. Leia mais

Chinese FTZs step into a new era

Chinese FTZs step into a new era

3 minutos Following the model of the Shanghai Free Trade Zone, established in 2013, China anticipates opening seven new free trade zones (FTZs) in the coming year, with zones in Sichuan, Shaanxi, and Hubei already nearing readiness to begin operations. Whereas the Shanghai FTZ and three other current operational FTZs – Tianjin, Fujian, and Guangdong – are all built in China’s eastern, coastal industrial hubs, the new zones are largely inland, in central and western states, some of whose industrial bases are comparatively underdeveloped. Leia mais

BRI watch: The road, the port and the corridor

BRI watch: The road, the port and the corridor

5 minutos A summit in May 2017 was an opportunity for China’s President Xi to host leaders and representatives from 109 countries, presenting his expansive vision for global trade and securing further cooperation for the $900 billion Belt and Road Initiative (BRI) mega project. The geopolitical symbolism of China announcing a major international trade and investment programme, a few months after the Trump administration had withdrawn the United States from the Trans-Pacific Partnership – and, not long thereafter, the Paris climate agreement – was Leia mais

Interview: Future trade zones

Interview: Future trade zones

menos de 1 minuto FZW talks to Dr Douglas Zhihua Zeng about upcoming developments in free zones and China’s Belt & Road initiative. Dr Douglas Zhihua Zeng (曾智华) is currently a senior economist at the Financial and Private Sector Development Department of the Africa Region, World Bank, and has worked on many countries in East Asia and Pacific, Africa, Latin America and the Caribbean, and Europe and Central Asia. Leia mais