Free Trade Zones

The Free Zones Authority will build 3 industrial towns

From left to right: Ahmed Bennis, Secretary General of AEZO; Mr. Michael Okyere Baafi, Deputy Minister of Commerce; Mr. Michael Oquaye Jnr, CEO, Ghana Free Zones, and Ms. Atsuko Toda, Director, Agricultural Finance & Rural Infrastructure Devt. of the AfDB The Ghana Free Zones Authority (GFZA) and the Ministry of Trade and Industry are developing […]

Free Trade Zones

Oxford Business Group and Organization of African Economic Zones launch landmark analysis

New policy report, produced by Oxford Business Group (OBG) in partnership with the Organization of African Economic Zones (AEZO), highlights the continent’s rapidly developing industrial sector, which is fast becoming a key driver of wider economic growth as a region integration increases. Entitled “Economic Zones in Africa – Policy Report”, the report was launched at […]

Free Trade Zones

Free zone companies export US $ 1.096 billion in goods

Mr. Michael Oquaye Jnr (2nd left), CEO of GFZA with Mr. Kojo Oppong Nkrumah (left), Minister of Information and other dignitaries at the event. Companies operating in the country’s free zone enclave exported goods valued at US $ 1.096 billion in the first half of this year. Capital investments made by enterprises in the free […]

Free Trade Zones

Conference to boost Sino-African cooperation

Students watch satellite TV on Monday through a projector provided by Chinese media company StarTimes as part of a China-funded project at a school on the outskirts of Dakar, Senegal. The satellite television project is one of the fruits of the resolutions of the 2015 summit of the Forum on China-Africa Cooperation held in Johannesburg, […]

Free Trade Zones

FBCCI sees opportunities in LDC graduation

The Bangladesh Federation of Chambers of Commerce and Industry (FBCCI) foresees upgrading opportunities for LDCs rather than challenges. “There is widespread fear about the graduation of LDCs in Bangladesh. But I think it could bring opportunities to the country instead of posing challenges,” said FBCCI President Md Jasim Uddin. , at a press conference today. […]

Free Trade Zones

8th China-Africa Ministerial Conference: Issues and Raised Questions

Charles Onunaiju Posted November 24, 2021 The 8th Ministerial Conference of the Forum on China-Africa Cooperation will be held in the Senegalese capital of Dakar on November 29-30, 2021. The Africa-China Cooperation Mechanism founded at the turn of the century has become a model of international cooperation renowned for producing measurable, tangible and practical results, […]

Free Trade Zones

How governments play ‘freedom and restriction’ games with farmers

On September 14, 2020, the Center imposed a ban on exporting all varieties of onions out of the country. A consequence of this was that hundreds of trucks loaded with onions were stuck at various land ports in West Bengal because they could not get to Bangladesh. Each truck needed an “export order” (LEO) issued […]

Free Trade Zones

Bepza seeks more South Korean investments

Featured activity report Thu Nov 18, 2021 6:49 PM Last update: Thu Nov 18, 2021 7:04 PM South Korean Ambassador to Bangladesh Lee Jang-keun visited Dhaka EPZ on Thursday. Photo: Collected “> South Korean Ambassador to Bangladesh Lee Jang-keun visited Dhaka EPZ on Thursday. Photo: Collected The Bangladesh Export Processing Zones Authority (Bepza) has called […]

Free Trade Zones

Government wants to ensure tax breaks for free ports are not wasted

EENTER THE Tilbury Harbor and you’ll see building materials piled up, imported, processed and waiting to be transported to construction sites. With London nearby and an increase in demand for home extensions linked to the pandemic, business is booming – or rather, beeping, as vehicles lift and stack containers in piles. Things calm down as […]

Free Trade Zones

How Tanzania can take full advantage of the Continental Free Trade Area

By Alex Nelson Malanga Dar es Salaam. Business stakeholders said yesterday that Tanzania will truly benefit from the African Continental Free Trade Area (AfCFTA), so some outstanding trade barriers need to be lifted. The challenges that were pointed out at the CEO Roundtable (CEOrt) meeting that need to be addressed include low productivity, lack of […]

Free Trade Zones

Dubai, Singapore discuss ways to strengthen economic ties and trade

Dubai remains preferred location for Singaporean businesses in Middle East region, envoy says Image Credit: Provided Dubai: Customs authorities in Dubai and Singapore held talks on strengthening economic cooperation and trade on Monday. Gathered virtually, the two sides discussed ways to expand the collaboration between Dubai and Singapore and the opportunities arising from Expo 2020 […]

Free Trade Zones

Someshwar, Ullal beaches have become plastic-free areas | Mangaluru News

Mangaluru: Local urban organizations in Someshwara and Ullal declared the beaches plastic-free after tourist destinations saw increased attendance. The two local urban organizations organized beach clean-up campaigns on October 31 and declared tourist destinations plastic-free zones. Officials have been delegated by Someshwara Municipality and Ullal Municipality to monitor the beaches in their respective areas. Revenue […]

Free Trade Zones

China accelerates its opening up to the top level

SHANGHAI (Xinhua): Despite the Covid-19 pandemic, the number of global exhibitors at the current China International Import Expo (CIIE) surpassed previous edition – a vote of confidence for the market Chinese and a message of business opportunities from him. The annual world import-themed trade fair, the first of its kind in the world, is an […]

Free Trade Zones

Xi: China will move resolutely towards openness – world

President Xi Jinping gave a video keynote (full text) address on Thursday at the opening ceremony of the Fourth China International Import Expo and the Hongqiao International Economic Forum. Here are some highlights: On China’s past China’s opening promises made during the 3rd CIIE are practically implemented (Find out more) China’s overall tariff level fell […]

Free Trade Zones

Trade and investment between India and Australia: trends and outlook

Trade prospects between India and Australia have multiplied in recent years, propelled by the many complementarities between the two economies. The value of bilateral trade in goods and services between the two countries increased from US $ 10.12 billion in 2007 to US $ 18.08 billion in 2020. In 2020, India was Australia’s seventh trading […]

Free Trade Zones

WTO negotiator Santiago Wills sees ‘landing zones’ for deal reducing damaging fisheries subsidies

The chairman of the World Trade Organization negotiations to eliminate fisheries subsidies said he was “very optimistic” about the possibility of reaching a deal before a next ministerial meeting. Santiago Wills, who recently extended the time available to delegates before the release of the latest draft text, said there had been “progress in finding landing […]

Free Trade Zones

Poor evacuation plans threaten N7.7trn deepwater port projects

The lack of a proper evacuation plan threatens the development of various deepwater port projects across the country worth 5.7 trillion naira ($ 14 billion), the weekend’s findings revealed. end LEADERSHIP. Using the dollar valuation to dollar naira translating to N410, the valuation of $ 14 billion of the country’s deep sea ports translates into […]

Free Trade Zones

China’s tactics in economic zones

The People’s Republic of China (PRC) is arming economic development zones to undermine Taiwan’s national sovereignty by placing special economic zones (SEZs) in or near the last remaining strongholds of Taiwanese support abroad to distract opinion the nation’s public. Of the 6,500 SEZs in the world, 2,500 are in China. What most people don’t realize […]

Free Trade Zones

CITY PROFILE: Barranquilla thrives as a ‘disruptive’ location loaded with benefits

Not so long ago, Colombia’s status as a coastal destination lay on rocky ground. Despite its population – today around 50 million – the country’s bilingual talents were sorely lacking, Coastal Americas found. Since then, the Nearshore world has changed. Colombia, which enjoys a strategic location in the far north of South America, and thus […]

Free Trade Zones

China will build a new modern market system

BEIJING: China will boost its development by building a higher level open economic system, said Wang Wentao, China’s trade minister, in an interview with Xinhua. To build such a system, “the country must connect the national and international markets and form a modern unified market, open and with orderly competition,” said Wang. Speaking of the […]

Free Trade Zones

Qatar Free Zone signs MoU with Korea Economic Zone Planning Office

Doha: The Qatar Free Zones Authority (QFZA) signed a memorandum of understanding with the Korean Economic Zone Planning Bureau, in order to contribute to the economic development of the two countries through the mutual cooperation between the free zones of Qatar and the Korean Free Economic Zones (KFEZ). The agreement was signed by QFZA Deputy […]

Free Trade Zones

Ghana Free Zones Authority’s new board of directors sworn in

Members of the Board of Directors with Judge OIivia Obeng Owusu The reconstituted Board of Directors of the Ghana Free Zones Authority, GFZA, was sworn in on Friday, October 22, 2021 to Judge OIivia Obeng Owusu. The ten-member council which is chaired by Alan Kwadwo Kyerematen, Minister of Commerce Industries, has been tasked with “facilitating, […]

Free Trade Zones

EDITORIAL: Businesses must boldly venture beyond borders | New times

The value Rwanda’s exports to the African continent are expected to triple in 10 years, against 1.6 billion Rwf, in part thanks to the African Continental Free Trade Area (AfCFTA). One of the largest free trade zones in the world, the AfCTA started the negotiation phase in January, effectively paving the way for the continent […]

Free Trade Zones

A region divided: how some nations jump on vaccines and others don’t

After a few false starts and questions of access to vaccinations, growth in vaccination rate in the Americas raised optimism about the region’s economic recovery. Recently, Carissa F. Etienne, Director of the Pan American Health Organization (PAHO), noted that Latin America and the Caribbean are on track to meet the World Health Organization’s Covid-19 vaccination […]

Free Trade Zones

Connect historic cross-border heritage management sees a good start

The Hong Kong Monetary Authority promulgates the details of the implementation of the Cross-border Wealth Management Connect pilot program in the Guangdong-Hong Kong-Macao Greater Bay Area on September 10, 2021. Photo: VCG The historic Wealth Management Connect (WMC) pilot program in the Guangdong-Hong Kong-Macao (GBA) Great Bay region posted strong results in its first day […]

Free Trade Zones

NEPZA Welcomes LFZ Financial Times Global Free Zone Award

Nigeria Export Processing Zone Authority (NEPZA) Managing Director Prof. Adesoji Adesugba described the listing of the Lagos Free Zone as “Highly Recommended Free Zone in Africa” ​​by Financial Times magazine FDI as a consequence of the sustained reform of the sector by the federal government. . Adesugba, who is also the CEO of NEPZA, in […]

Free Trade Zones

Economic activity consolidates the recovery driven by free zones

Costa Rica’s economic activity consolidates its recovery after the coup Covid-19 pandemic. The impetus comes mainly from the business manufacturing that work in special diets such as free trade zones. Last August, economic activity was three consecutive months above the pre-pandemic level (February 2020), according to the most recent data from the Monthly Index of […]

Free Trade Zones

Li Keqiang Attends Opening Ceremony of 130th Session of China Import and Export Fair and Pearl River International Trade Forum, Stresses China Will Always Expand Openness and Promote Free Trade in order to share opportunities with the world for greater development

On the afternoon of October 14, 2021, Premier Li Keqiang attended the opening ceremony of the 130th session of the China Import and Export Fair (Canton Fair) and the Pearl River International Trade and delivered a keynote address in Guangzhou. Peruvian President Pedro Castillo, Russian Prime Minister Mikhail Mishustin, Hungarian Prime Minister Viktor Orban, Malaysian […]

Free Trade Zones

Could Honduras turn left? A look at Xiomara Castro

In the November 28 presidential election in Honduras, Xiomara Castro de Zelaya could make history in an already historic year: her victory would make her the first woman to lead the nation since she declared its independence from Spain 200 years ago. A self-proclaimed Democratic Socialist and wife of former President Manuel “Mel” Zelaya, Castro […]

Free Trade Zones

Notice: Morning Savings

In developing countries, granting full economic freedom to producers in their “morning markets” will put the whole economy on the right track and eliminate illegal activity within countries and along tense borders. The idea is new but simple. The colors of the economy such as the green economy, the blue economy, the white economy and […]

Free Trade Zones

TN leads India in industrial land availability – The New Indian Express

Express news service CHENNAI: Tamil Nadu ranks first in the country in terms of availability of industrial land, according to a GIS benchmark developed by the Union government. According to data in the repository, the state has 21,456 hectares of land available for industries, the highest of any state. It is followed by Maharashtra with […]

Free Trade Zones

Companies in Costa Rica must pay a 1% tax on medical cannabis …

(MENAFN- The Costa Rica News) By Guillermo Agudelo October 7, 2021 14 0 Share Facebook Twitter WhatsApp Linkedin Email Must Read Health STAFF TCRN – Oct 8, 2021 Consuming Hydrolyzed Collagen Reduces Joint Wear Money STAFF TCRN – Oct 8, 2021 How Costa Rican Businesses Capitalize on Video Content Social Media Crash report this adGuillermo […]

Free Trade Zones

Trade relations with Africa continue

Dr Mai Osama (head of IPC) holds vials of Chinese Sinovac COVID-19 vaccine in the visual inspection unit of the holding company for biologics and vaccines “Vacsera” in Cairo, Egypt, on August 31, 2021. [Photo/Agencies] Several African countries are reporting strengthened trade ties with China despite the effects of the COVID-19 pandemic, according to the […]

Free Trade Zones

4 things to plan for the next # 12WCC – ICC

Discover our program # 12WCC As more than 1,000 delegates from around the world prepare for the biennial event, here are four things they can expect from the biggest chamber connection of the year. 1. A pioneering program to pilot a promising action plan Taking place under the theme “Next generation: Chambers 4.0», # 12WCC […]

Free Trade Zones

Which countries offer visas that help entrepreneurs to work abroad?

As the world entered lockdown in 2020, businesses and workers have had to adapt the way they work. Employees have saved time spent on daily commutes, while Zoom conference calls have replaced brick-and-mortar meeting rooms. Eighteen months later, it seems like the traditional daily 9 to 5 office routine isn’t coming back for everyone. Microsoft, […]

Free Trade Zones

Zulum and seven Lake Chad governments meet in Cameroon on regional security

Babagana Zoulum Borno State Governor Professor Babagana Zulum and seven other governors of the Lake Chad Basin met on Monday in Yaoundé, Cameroon, to discuss regional security cooperation and the way forward for it. improve stability. The region, due to the Lake Chad recession and resulting impoverishment, has been plagued by Boko Haram for more […]

Free Trade Zones

Nigeria: Insurgency – Eight governors of Lake Chad meet in Cameroon

Eight governors of the Lake Chad basin met on Monday in Yaoundé, Cameroon, to discuss the insurgency and regional security cooperation. Organized by the Lake Chad Basin Commission, with technical support from the African Union, the United Nations Development Program and the Crisis Management Initiative, the meeting was hosted by the Cameroonian government in collaboration […]

Free Trade Zones

China promotes trade and investment facilitation in free zones

China has rolled out a series of measures to boost trade and investment facilitation, and to deepen reform and innovation in pilot free trade zones (FTAs). The measures can be classified into 5 categories. 1. Trade facilitation China will support regions with pilot free zones in the development of innovation demonstration zones for the facilitation […]

Free Trade Zones

PM asked to consider IPP Group’s key project proposal

Earlier in August, the IPP group, chaired by Johnathan Hanh Nguyen, sent a report to Prime Minister Pham Minh Chinh, proposing the implementation of a series of key projects. In the report to the Prime Minister, IPP Group said that over the last time, the company, along with investment partners from the United States, South […]

Free Trade Zones

The unions criticize the government. on excluding worker representation from pandemic-related decision-making – Reuters

Sri Lanka’s unions have expressed displeasure at having sidelined them completely from key COVID-19 working group meetings, as workers continued to be battered by the ongoing pandemic and pandemic-related travel restrictions. Union leaders made the remarks during a meeting with Labor Minister Nimal Siripala de Silva on Wednesday. Although the government had to involve union […]

Free Trade Zones

NEPZA boss mourns pioneering free zone investor, Niger-Dock CEO Jarmakani

Adesoji Adesugba By James Emejo The Director General / Managing Director of the Nigerian Export Processing Zones Authority (NEPZA), Professor Adesoji Adesugba, has called the exit of one of the pioneer investors in the country’s free trade zone, Anwar Jarmakani, huge loss for the Nigerian business community.Jarmakani is the founder and executive chairman of the […]

Free Trade Zones

Arab-Brazilian Chamber signs agreements in Egypt

(MENAFN- Brazilian-Arab News Agency (ANBA)) São Paulo – The Arab-Brazilian Chamber of Commerce (ABCC) signed on Wednesday (29) two memoranda of understanding in Egypt with the country’s Ministry of Commerce and Industry and the Federation of Egyptian Chambers of Commerce for the creation of an ABCC representative office in Cairo aimed at promoting trade and […]

Free Trade Zones

President of USIBC, Auto News, ET Auto

A free trade deal is the next frontier in Indo-US relations, the head of an India-focused business advocacy group said, stressing that it is not tenable for the two largest economies of the world not to have a commercial architecture between them, although its path is strewn with “all kinds of obstacles”. Nisha Desai Biswal, […]

Free Trade Zones

13th China International Aviation and Aerospace Expo Opens in Zhuhai, Showing Greater Openness of the City | New

ZHUHAI, China, September 29, 2021 / PRNewswire / – On September 28, the 13th China International Aviation and Aerospace Exhibition or AirShow China officially opened in Zhuhai, south from China Guangdong Province. This year, 700 companies from nearly 40 countries and regions participated in the exhibition, and a number of new products, technologies, services and […]

Free Trade Zones

NPA to Attract Large Merchant Vessels to Nigerian Waters | The Guardian Nigeria News

Nigerian Ports Authority (NPA) Acting Director General Mohammed Bello-Koko said that to update the country’s maritime hub status and increase port revenues in the region, it is necessary to invest in ports modern deep-sea vessels that would attract very large merchant ships. Bello-Koko made the comment during the first retreat of the Authority’s reconstituted board […]

Free Trade Zones

FBCCI urges FTA with China to address post-LDC economic challenges

An FTA will play a supporting role in addressing the post-LDC economic challenges for Bangladesh, thereby facilitating the reduction of the trade deficit, said the president of the FBCCI. TBS Report September 28, 2021, 6:45 PM Last modification: September 28, 2021, 8:32 PM Md Jasim Uddin. Photo: Collected “> Md Jasim Uddin. Photo: Collected Bangladesh […]

Free Trade Zones

Editorial: How China stands to gain from joining the Pacific Trade Pact

The Chinese government recently applied to join the Comprehensive and Progressive Agreement on Trans-Pacific Partnership (CPTPP), which has gained worldwide attention. The move comes after careful consideration by Chinese policymakers and reflects China’s determination to deepen reforms and broaden its openness. What China needs to do next is redouble its efforts to meet the entry […]

Free Trade Zones

New Chinese Arbitration Law Modernization Project – A Signal for Internationalization Instead of Decoupling?

Background The current Arbitration Law of the People’s Republic of China (the “Arbitration Law)” was enacted in 1994. With the exception of rather cosmetic changes made in 2009 and 2017, it has been in effect since 26 years almost unchanged. The law on arbitration has been gradually exposed to certain problems which have prevented it […]

Free Trade Zones

Why Bangladesh should use the port of Gwadar – OpEd – Eurasia Review

The Pakistani port of Gwadar has brought a new dream to the region. This port is not only for Pakistan but also for all states in the region. Chinese investment has accelerated the pace of aspirations in this regard. China’s multibillion-dollar “CPEC” project is linked to the port of Gwadar. This port creates a kind […]

Free Trade Zones

Amid China’s crypto crackdown, here’s how to trade Bitcoin and Ethereum

Bitcoin, the world’s largest cryptocurrency, started its September run on a very high note. The first week was pretty positive as the asset climbed to a high level, hitting nearly $ 52,900 on September 7, after which it corrected nearly 20%. History tends to repeat itself and just like last year, September brought the historic […]

Free Trade Zones

Why Bangladesh should use the port of Gwadar

The Pakistani port of Gwadar has brought a new dream to the region. This port is not only for Pakistan but also for all states in the region. Chinese investment has accelerated the pace of aspirations in this regard. China‘s multibillion-dollar CPEC project is linked to the port of Gwadar. This port creates a kind […]

Free Trade Zones

Huawei Launches Smart Port Solution to Help Create World Class Ports

Huawei launched its smart port solution at HUAWEI CONNECT 2021. As part of the integrated smart customs solution, the solution builds digital management capabilities based on all factors – people, vehicles, goods, businesses and locations – in locations. port scenarios to help build safe, efficient and intelligent world-class ports, making cross-border trade safer and more […]

Free Trade Zones

The Free Zones Authority presents Ghanaian companies in Côte d’Ivoire

The Ghana Free Zones Authority (GFZA) has embarked on a strong program to showcase Ghanaian companies and products to regional and international markets. As part of this momentum, GFZA recently participated in the second edition of ‘Ghana Business Expo’ in Abidjan. The three-day event organized by Global Afrique Ltd. The main objective of September 15-17 […]

Free Trade Zones

Public-private partnership imperative to make Santacruz electronics export processing zone world-class, says Piyush Goyal

Union Minister Piyush Goyal at the event in Mumbai (Photo / ANI) Bombay (Maharashtra) [India], Sep 24 (ANI): The Santacruz Electronics Export Processing Zone (SEEPZ) in Mumbai may become “world-class” through a public-private partnership program, the Minister of Commerce and Industry said on Thursday. ‘Union Industry, Piyush Goyal. Goyal visited SEEPZ on Thursday as part […]

Free Trade Zones

Maersk takes up residence in Jafza for its first warehousing and distribution facility in the United Arab Emirates

Maersk Kanoo UAE, a container logistics integrator, today signed an agreement with DP World’s main shopping and logistics center, Jebel Ali Free Zone (Jafza) to set up its first warehousing and distribution facility ( W&D) in the United Arab Emirates. The agreement was signed by Christopher Cook, Managing Director of Maersk UAE and Abdulla Bin […]

Free Trade Zones

Forth Ports ‘disappointed’ with Scottish government stance on free ports

The managing director of Forth Ports admitted his “disappointment” that the Scottish government failed to reach an agreement with the British government on the future of Scottish free ports. Charles Hammond has already pledged to back the plans, suggesting that such a site in the Firth of Forth could create up to 50,000 direct and […]

Free Trade Zones

Is it possible for foreign investors to have a big loan?

The UAE has always sought to develop the UAE into a business-friendly region and to have the best facilities and policies that encourage foreign direct investment. The United Arab Emirates have grown in leaps and bounds and established themselves on the world page. It no longer identifies itself as an oil-dependent economy and has instead […]

Free Trade Zones

Exports to China to double within three years: Haque

BEIJING: Pakistan’s exports to China are expected to double in the next two to three years due to the second phase of the China-Pakistan Free Trade Agreement (FTA) and other measures taken by the two governments to strengthen bilateral trade, ”Pakistan said. Chinese ambassador Moin ul Haque said on Tuesday. “In the first six months, […]

Free Trade Zones

Western regions on the fast track to quality development

CHENGDU, Sept. 21 (Xinhua) – A day before the 18th West China International Fair (WCIF) opens from Sept. 16 to 20, DPD Group, one of Europe’s leading parcel delivery networks, has installed a new regional headquarters in Chengdu, capital of the Chinese province of Sichuan (southwest). This is the group’s fourth regional headquarters in mainland […]

Free Trade Zones

Trade value in free zones to hit record NT $ 1 billion

By Shelley Shan / Journalist The total value of trade in the country’s free zones is expected to exceed NT $ 1 trillion ($ 36 billion) this year thanks to higher prices for components associated with chips, the Ministry of Transportation and Transportation said last week. Communications. The country has seven free zones at the […]

Free Trade Zones

The House wants a law for the Northeast Economic Zone

The government is advised to enact a specific law to govern the North East Economic Corridor (NEEC) project in order to facilitate its development. The new corridor is expected to be similar in shape to the government’s current Flagship Economic Corridor (EEC), which covers three provinces. Isara Vongkusolkit, honorary chairman of Mitr Phol Sugar Corp, […]

Free Trade Zones

Scotland follows its own path on free ports

The Scottish Government has announced that it will implement plans to develop a ‘green port’ model designed to meet the specific needs of the Scottish economy. A statement by Business Secretary Ivan McKee explained that Westminster officials were unwilling to commit to Holyrood’s fair working conditions and net zero specifications for the proposed free trade […]

Free Trade Zones

Amyl Acetate Market by Major Players (Elan Chemical Company Inc., Justdial, Qingdao Free Trade Zone United, Shanghai Pu-Jie Fragrance Co. Ltd.); Based on the global spread of COVID-19 in 2020

Key trends, industry analysis, and competitive study indicate the growth rate of the global Amyl Acetate market over the forecast period The latest report released by Market Research Store on the Global Ammonium Acetate Market provides all the much-needed details including market growth drivers, growth rate, regional distribution, competitive landscape, and latest developments , all […]

Free Trade Zones

China is Africa’s largest bilateral trading partner

Virusha Subban, According to China’s Ministry of Commerce, trade between China and Africa grew 40.5 percent year-on-year in the first seven months of 2021 and was valued at a record high of $ 139.1 billion. The ministry noted that African products were increasingly recognized in the Chinese market and that imports from Africa to China […]

Free Trade Zones

Policy makers must prioritize investments in regional infrastructure – NEPZA – Nairametrics

Nigeria’s Export Processing Zone Authority (NEPZA) said that for Nigeria to benefit from the African Continental Free Trade Area (AfCFTA), policymakers need to prioritize investments in regional infrastructure in order to maximize Nigeria’s position with the deal. This was revealed by Dr Oyesola Oyekunle, Policy Director of the Nigerian Export Processing Zones Authority (NEPZA) at […]

Free Trade Zones

Five-year port plan to boost freight

Customs officers check documents from a container ship in Ningbo, Zhejiang Province. (YAO FENG / FOR CHINA DAILY) China will support the orderly opening of freight airports, and explore and implement trials of international container transshipment and consolidation services at major seaports during the period of its 14th Five-Year Plan (2021-25) a senior customs official […]

Free Trade Zones

China seeks to join US-rejected Pacific Trade Pact

On Thursday, China’s Commerce Ministry said it had submitted an application to join a Pacific Trade Pact designed in part to counter its own influence. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), formerly known as the Trans-Pacific Partnership (TPP), is a trade agreement between 11 countries bordering the Pacific Ocean and is one […]

Free Trade Zones

Vojtěch Lavička: Czech law on areas without housing assistance is an attack on human dignity

As Romea.cz readers are no doubt all aware, the Czech Constitutional Court abolished part of the law on assistance to people in material distress which facilitated the creation of local areas where housing allowances would not be paid to residents. . After four long years of waiting, the court finally accepted the petition filed in […]

Free Trade Zones

Macau Blusea digital asset exchange

Receive instant alerts for news on your actions. Claim your 1-week free trial for StreetInsider Premium here. Macau, China – (Newsfile Corp. – September 13, 2021) – The Macao International Brand Exchange is licensed by the Macau government. Besides being a market maker for tangible assets such as traditional centralized exchanges, he also founded Blusea […]

Free Trade Zones

Panama, Costa Rica and Dominican Republic join forces to promote trade

Foreign Ministers of Panama, Costa Rica and Dominican Republic will meet in the new dialogue space called “Caribbean triangle” To develop common strategies to deal with the economic, political and social situation in the region, announced the Panamanian Ministry of Foreign Affairs. He said that this tripartite alliance, based on the principles of promoting democracy […]

Free Trade Zones

China International Services Fair ended on Tuesday with successful results

BEIJING, September 8, 2021 / PRNewswire / – The six-day China International Trade in Services Exhibition (CIFTIS) 2021 wrapped up in Beijing, with successful achievements made during this year’s event. People visit the 2021 China International Trade in Services Fair (CIFTIS) at Shougang Park in Beijing, capital of China, Sept.6, 2021 (Xinhua / Xu Qin) […]

Free Trade Zones

FG to boost manufacturing sector as it strives to lower gas price for power generation – Nairametrics

The federal government said it had started cutting the cost of gas for power generation across the country as part of efforts to boost the manufacturing sector. Indeed, industry players have identified cost competitiveness as a major challenge in the manufacturing sector, much of which can be attributed to electricity. This revelation was made by […]

Free Trade Zones

Xi calls on China to create Beijing Stock Exchange for SMEs

BEIJING, Sept. 2 (Reuters) – Chinese President Xi Jinping on Thursday announced that the country will establish a stock exchange in its capital, Beijing, serving small and medium-sized enterprises (SMEs). Mainland China’s two main stock exchanges are located in the financial center of Shanghai and in the southern city of Shenzhen, on the mainland’s border […]

Free Trade Zones

SRI LANKA Workers’ rights in special zones suffer from COVID-19

The textile and clothing sector has so far resisted the pandemic and supported Sri Lankan economy through exports. But now unions are complaining that workers in free zones have paid the price and are asking the government to provide more security. Colombo (AsiaNews) – The third wave of COVID-19 is wreaking havoc among textile and […]

Free Trade Zones

Should the Saints trade for Eagles TE Zach Ertz?

The New Orleans Saints lost tight ends Adam Trautman (foot) and Nick Vannett (knee) to injury in Monday’s pre-season win over Jacksonville. Both players had an MRI on Tuesday. The extent of Trautman’s injury is not yet known, while Vannett will be missing 2-4 weeks. Trautman and Vannett’s losses are big blows to a position […]

Free Trade Zones

What it will take to reach $ 400 billion in merchandise exports

We are targeting $ 450 billion in merchandise exports in a few years. It was a statement by the Indian Minister of Trade and Industry. added. In addition to pursuing free trade agreements, the minister mentioned that tax and trade reforms are also needed, as well as lower transaction costs. The Commerce Secretary also assured […]

Free Trade Zones

The automotive industry will kick-start growth

ISLAMABAD: As for China’s neighboring markets, Pakistan has a huge advantage over many other markets in terms of investment environment and political stability. Chinese auto companies should proceed from the point of view of industrial establishment rather than product sales, with industrial clusters of spare parts, and target surrounding and even European and American markets […]

Free Trade Zones

Benefits of the new free zone regime for doing business in Bogota

August 20, 2021 (Investorideas.com Newswire) In 2021, a new free trade area regime has been decreed in Colombia with significant changes that benefit businesses and foreign investment. Find out about some of the benefits this scheme brings to companies considering doing business in Bogota. Bogota, August 2021. Bogota continues to consolidate its position as one […]

Free Trade Zones

The center will soon free up untapped space in SEZs

Land, 30,000 cr. area built to find use The government will soon release unused built-up areas worth around 30,000 crore and unused land inside special economic zones (SEZs) for other economic activities, Commerce Secretary BVR Subrahmanyam said on Wednesday. of a meeting of the CII. The decision to release plots of unused land is expected […]

Free Trade Zones

A Guide to Foreign Investing in Korea: Investment Incentives and Starting a Business in Taiwan

IInteractions between South Korea and Taiwan have become increasingly close, especially on the commercial front. With a total trade of $ 36 billion in 2020, South Korea was Taiwan’s fifth-largest partner, according to data from the Taiwan Bureau of Foreign Trade. Likewise, Korean customs data shows that Taiwan was also South Korea’s fifth-largest partner. This […]

Free Trade Zones

A year after the start of the Abrahamic Agreements, Israel’s trade with the United Arab Emirates exceeds $ 570 million.

A year after the Abraham’s accords began, some $ 570 million in business has been concluded between Israel and the United Arab Emirates, according to data from the Central Bureau of Statistics. In 2020 and in the first six months of 2021, Israel exported $ 197 million in goods and services to the United Arab […]

Free Trade Zones

$ 3.5 billion worth of projects ready for launch in free and special economic zones

TEHRAN – The secretary of the Iranian High Council of Free Zones has said that projects worth 150 trillion rials (about 3.571 billion dollars) are ready to be inaugurated in the free zones and special economic zones of the country of ‘within two months. As announced by Hamidreza Mo’meni, the trade balance of the country’s […]

Free Trade Zones

FG is committed to creating profitable businesses in free zones

The federal government says it will support activities that harness the immense benefits of free trade zones (FTAs) for the Nigerian economy. Speaking on Wednesday in Abuja, Nasir Sani-Gwarzo, Permanent Secretary of the Federal Ministry of Industry, Trade and Investment, stressed the importance of exploring the potential of investing in free zones to create profitable […]

Free Trade Zones

Akufo-Addo appoints Mike Oquaye Jnr as CEO of the Free Zones Authority

Former Ghanaian High Commissioner to India, Michael Oquaye Jnr • Mike Oquaye Jnr has been appointed CEO of the Free Zones Authority • He will replace Okyere Baafi who is now the Deputy Minister of Commerce • He was Ghana’s High Commissioner to India during the first term of the Akufo-Addo administration. Former Ghanaian High […]

Free Trade Zones

India Warehouse Market Growth Opportunities 2021-2026: Expected to Witness 9.1% CAGR – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – “India Warehouse Market: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026” report has been added to ResearchAndMarkets.com offer. The Indian warehouse market reached a value of INR 676 billion in 2020. Going forward, the Indian warehouse market is expected to grow at a CAGR of 9.1% during 2021-2026. Warehousing […]

Free Trade Zones

Why the proposed privatization of 36 state assets will not succeed and tackle over-reliance on oil – Report

A report by the Economic Intelligence Unit said that the proposal by Nigeria’s privatization agency, the Bureau of Public Enterprises, to privatize 36 state assets is likely to fail in its goal of generating revenue for the government. government. He said that despite the good goal of reducing operational inefficiencies and improving productivity, BPE’s poor […]

Free Trade Zones

FTZ trade balance positive for 3 consecutive years

TEHRAN – The secretary of the Iranian High Council of Free Zones said that the trade balance of the free zones and special economic zones of the country has been positive for the past three years. “With the measures taken for the promotion of exports in the country, the trade balance of the free trade […]

Free Trade Zones

Extending the gains of upstream integration to sugar production

The Central Bank of Nigeria (CBN) yesterday gave its support to the Dangote sugar refinery, the BUA sugar refinery and the Golden Sugar Company to import sugar into the country, ordering no other company to have access foreign currency to import the product. According to the apex bank, this is in line with the upstream […]

Free Trade Zones

CBN says only Dangote, BUA and Golden Sugar can import sugar into the country

The Central Bank of Nigeria (CBN) announced the restriction of the importation of sugar into the country to only 3 companies. The umbrella bank said that only BUA Sugar Refinery Limited, Dangote Sugar Refinery Plc and Golden Sugar Company may be allowed to import sugar into the country through one of the official sources of […]

Free Trade Zones

Pakistan strengthens its industrial power by mobilizing local talent

Abdul Razak Dawood, adviser to Prime Minister Imran Khan on trade and investment, in his interview with Gulf News. Image Credit: Sana Jamal Islamabad: Pakistan has implemented an ambitious strategy to strengthen industrial strength by mobilizing local talent and providing incentives to achieve export-oriented economic growth with a new emphasis on trade with Central Asian […]

Free Trade Zones

DP World hires mergers and acquisitions advisors to sell Jebel Ali free zone

Dubai-based trade and logistics giant DP World brought in M&A consultants to help sell a stake in the Jebel Ali Free Zone (Jafza) – a thriving Special Economic Zone in Dubai that nearly supports of $ 100 billion in trade. DP World first took a stake in Jafza for over $ 2.5 billion in 2014. […]

Free Trade Zones

Mexico expands free zone authorization to include U.S. company

The creation of “strategic fiscal zones” is designed to improve Mexico’s international economic competitiveness. SkyPostal’s AJ Hernandez notes that it is also expanding importers’ access to the booming Mexican consumer market. MIAMI, July 13, 2021 / PRNewswire-PRWeb / – In Mexico, a “fiscal recinto” is comparable to an American free trade zone, an area reserved […]

Free Trade Zones

Gwadar fast growing gateway

ISLAMABAD: Gwadar, once a backward and impoverished area, is emerging as a hub of connectivity and development. Numerous studies have established that after the completion of the China-Pakistan Economic Corridor (CPEC) road, Gwadar will be one of the most competitive connectivity hubs in the region and beyond. China, the Middle East, North Africa and many […]

Free Trade Zones

Arab container flow to Brazil is underutilized

After Brazilian exports were shipped to Arab countries, the reverse flow of containers was not put to good use, said Jean Stoll (pictured above), global director of protein and dairy at AP Moller-Maersk. The executive participated in the webinar “Logistics and transport between Brazil and the Arab countries: opportunities, challenges and role of the Suez […]

Free Trade Zones

China plans annual retail sales growth of 5%

BEIJING, July 9 (Xinhua) – China’s retail sales are expected to reach 50 trillion yuan ($ 7.72 trillion) by 2025, an expected average annual growth of 5% for the period of 14th five-year plan (2021-2025), the Ministry of Commerce announced on Friday. China is committed to building a strong domestic market with new measures to […]

Free Trade Zones

Talking about technology and trade: challenges and opportunities in Africa

Webb Fontaine (www.WebbFontaine.com), a leading provider of customs and trade solutions to governments around the world, will bring together a panel of industry professionals to discuss “Technology and trade in Africa: challenges and opportunities” in a webinar series on July 12 at 1200 HEC. The roundtable will explore revolutionary thinking and innovative ideas on international […]

Free Trade Zones

Nigeria’s leather exports could generate over $ 1 billion in 4 years – Osinbajo

Vice President Yemi Osinbajo said the value of Nigeria’s leather exports could reach over $ 1 billion by 2025. The vice president disclosed this Tuesday during the inauguration and awareness-raising workshop on the National Plan for the implementation of the leather and leather products policy. What Vice President Osinbajo Said Osinbajo said, “Nigeria is one […]

Free Trade Zones

SEZ exporting units should be encouraged according to the degree of added value: TPCI

Exports from SEZs and Export Oriented Units (EOUs) contributed about 30 percent of the country’s total shipments. Exporting units in special economic zones (SEZs) should be given incentives for the degree of added value it brings to a product in order to stimulate outbound shipments and attract investment in those zones, TPCI said on Saturday. […]

Free Trade Zones

Two botched speeches from the Nicaraguan tyrant

Sewers! By PxMolina / Confidential By Enrique Saenz (confidential) HAVANA TIME – It is a thankless task to refer to Ortega’s speeches, but it must be done. Though his use of grueling verbiage and endless repetitions of his absurd take on history are less and less effective, even for its own supporters, the political struggle […]

Free Trade Zones

70 infrastructures, development projects underway in the Kish free zone

TEHRAN- As announced by the CEO of Kish Free Zone Organization, 70 infrastructure and development projects are underway in this free zone. Stating that most of these projects are carried out in the infrastructure sector to improve the situation of investors in the island, Jafar Ahangaran estimated the value of investments for these projects at […]