Notícias

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 Continue lendo→

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, Continue lendo→

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 Continue lendo→

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 Continue lendo→

2 minutos The South African business delegation taking part in the outward trade and investment mission in Nigeria has visited the Lekki free trade zone, a privately-owned free trade zone outside Lagos, as part of the site visit programme. South Africa’s foreign economic representative in Nigeria, Calvin Phume, said it was important to expose the South African business delegation to the likes of the Lekki free trade zone to showcase the vast opportunities available across the Nigerian economic sectors where they could look into Continue lendo→