Chinese vice premier calls for more efforts on construction of pilot free trade zones

Chinese vice premier calls for more efforts on construction of pilot free trade zones

1 minuto Chinese Vice Premier Hu Chunhua on Thursday called for building pilot free trade zones with high standard and quality to explore new methods and accumulate new experiences for expanding reform in all areas and furthering opening-up. Hu, also a member of the Political Bureau of the Communist Party of China Central Committee, made the remarks during an inspection tour to Tianjin to gain the first-hand information about construction of pilot free trade zones. In Tianjin, Hu visited places including the Bureau for Administrative Continue lendo

Normatividad de zonas francas por buen camino, pero debe mejorar

Normatividad de zonas francas por buen camino, pero debe mejorar

7 minutos De acuerdo con el experto en impuestos, Gustavo Lorenzo, el decreto 659 de 2018 presentado por el Gobierno nacional, si bien hace algunas mejoras al régimen de zonas francas (ZF) en el país, de ningún modo supone una reforma a su estructura. Por esto, deja claro que, aunque se haga claridad en cuanto a las empresas de apoyo, los terceros y el tipo de servicios que puedan prestar; se permita a los usuarios industriales de bienes almacenar piezas, partes y repuestos correspondientes Continue lendo

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

Free trade zone’s first private hospital opens

Free trade zone’s first private hospital opens

1 minuto The Shanghai United Family Pudong Hospital opened today, becoming the first private hospital to open in the city’s Pudong free trade zone. With the further opening-up of the domestic health care market, there will be four high-end foreign or joint venture hospitals open in the Pudong New Area by 2020.  The 200-bed hospital has more than 20 clinical departments including family medicine, internal medicine, surgery, dental, dermatology and aesthetics, as well as traditional Chinese medicine, targeting expatriates and Chinese with higher demands for health Continue lendo

2 ports annexed to Chabahar FTZ – Iran

2 ports annexed to Chabahar FTZ – Iran

menos de 1 minuto The High Council of Free Zones approved on Tuesday the annexation of two ports of Shahid Beheshti and Shahid Kalantari in Chabahar to Chabahar Free Trade-Industrial Zone in Iran’s southeast. First Vice President Es’haq Jahangiri, Minister of Roads and Urban Development Abbas Akhoundi, Minister of Cooperatives, Labor and Social Welfare Ali Rabiei, Minister of Culture and Islamic Guidance Abbas Salehi, the head of Department of Environment, Isa Kalantari, and Secretary of High Council of Free Zones Morteza Bank attended the Continue lendo

Officials say FTZ models will be applied to other sectors

Officials say FTZ models will be applied to other sectors

1 minuto China is stepping up its efforts to maintain its commitment to further opening-up its economy to the world. And one prime example of that is the country’s free trade zones. They’re on track to meet reform goals to make their business environment more fair and accessible to potential investors. China currently has a total of 12 pilot free trade zones, with the country’s southern island of Hainan being the latest addition. According to the Ministry of Commerce, these regions also have their Continue lendo