Free Trade Zones

ZSE imports and exports climb 43% YoY to $437m: operator

The volume of imports and exports processed in the Sihanoukville Special Economic Zone (SSEZ) reached approximately $437 million in the first two months of 2022, marking a 42.81% year-on-year increase compared to $306 million, according to a statement released by the operator. For reference, company stats show January was “more than $217 million,” an increase […]

Free Trade Zones

Companies trust the Chinese market

BEIJING: Despite the coronavirus pandemic and the increasingly complex global environment, foreign companies are voting confidence in the Chinese economy as they continue to see opportunities as the country opens up further. According to the 2022 China Business Climate Survey Report released by the American Chamber of Commerce in China (AmCham China) and audit firm […]

Free Trade Zones

The BRI to foster confidence in economic cooperation

A Chinese engineer (right) from the Beijing-based China Construction Second Engineering Bureau gives instructions to a local worker at a construction site for a bulk water supply pipeline in Nairobi, Kenya, in 2020. [Provided to China Daily] China’s unwavering efforts to promote the joint construction of the Belt and Road Initiative will give the international […]

Free Trade Zones

State exports to the UAE should be encouraged

Indore (Madhya Pradesh): Under the recently concluded Free Trade Agreement between India and the United Arab Emirates (UAE) to promote the state’s exports to the country, exporters will be briefed on the bulk of exports and the how exports can easily be made under the agreement. A workshop is jointly organized by the Associated Chamber […]

Free Trade Zones

Dala Dry Port and the North’s Economic Boom – By: . .

By Mohammad Garba Jhe Dala Inland Dry Port (DIDP), which Kano residents had dreamed of for years and had been in the works for 20 years before the arrival of the current administration, will be delivered in the second quarter of this year. As a clear indication that the project is off to a positive […]

Free Trade Zones

With comments like this, no wonder we lack national self-esteem

He was quoted in The National in response to Nicola Benedetti’s wonderful nomination as the first Scotsman and first female director of the Edinburgh International Festival: “In many ways she reflects the spirit of this festival, internationally recognized and respected but Scottish at heart. …” (Benedetti will be the first Scottish director of the Edinburgh […]

Free Trade Zones

Free trade zone manufacturers warn of $4 billion export loss

Only Katunayake EPZ is exempt from power cuts while 14 other areas are in the dark Free Trade Zone Manufacturers Association says failure to supply electricity and power will impact exports, the only stable source of foreign currency FTZMA secretary Dhammika Fernando said the shutdown of the economy would be inevitable […]

Free Trade Zones

Commerce Minister clarifies N7.9trn capital cost allowance certificates

Jhe Minister of Industry, Trade and Investment, Otumba Niyi Adebayo, has pleaded with the House of Representatives Public Accounts Committee to give him more time to meet with his officials on issues concerning certificates of depreciation granted to companies between 2017 and 2021. He made the plea when he appeared before the committee during the […]

Free Trade Zones

Yangshan Port in Shanghai Strives to Build World-Class Terminals | Kathmandu Grandstand

By Liu Shi’an, Xie Weiqun, People’s Daily Yangshan Deepwater Port, as part of Shanghai Port, is a witness to China’s firm opening-up measures. As a major international shipping hub, the small port carries enormous energy. Port of Shanghai’s container throughput exceeded 47 million 20-foot equivalent units in 2021, ranking first in the world for 12 […]

Free Trade Zones

NEPZA congratulates FG as Calabar Free Trade Zone regains steady power supply – Blueprint Newspapers Limited

The Chief Executive of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba has commended the Federal Government for restoring regular power supply to the Calabar Free Trade Zone (CFTZ). A statement released Friday by the Authority’s head of corporate communications, Martins Odeh, said the CFTZ had suffered from 20 years of epileptic power […]

Free Trade Zones

Alignment with high-level global trade rules highlighted

Maersk Sofia, a container ship currently sailing under the flag of Singapore, docks at the Dapukou Container Terminal of Ningbo Zhoushan Port in Zhejiang province on February 2. (Photo by YAO FENG/FOR CHINA DAILY) China is likely to take a more proactive approach to aligning itself with high-level international economic and trade rules, as well […]

Trade Wars

Building multilateralism in trade is essential

Failure to do so would be throwing the baby out with the bathwater. Undoubtedly, the current state of global trade has its limits and is not entirely fair to all participants. A number of important issues, including those needed to make international trade fairer and more sustainable over time, remain insufficiently addressed. During its 27 […]

Free Trade Zones

Peza targets 6% investment growth in 2022 and joins World Free Zones

AFTER recording solid growth last year amid the Covid-19 pandemic, the Philippine Economic Zone Authority (Peza) is targeting 6% investment growth this year. “Despite the pandemic that has slowed us down for two years, Peza is grateful for the continued support of our partner locators and investors. Now that the Philippines is achieving herd immunity […]

Free Trade Zones

A country where you have to jump hoops for little things

For all the oft-vaunted claims of the promise of the digital revolution, its most obvious dividends must surely be the reduction of friction in dealing with India’s prying bureaucracy. And for the most part, from paying income tax to receiving vaccine certification, India is no longer the country it used to be. But the capacity […]

Trade Wars

US suspends imports of Mexican avocados on eve of Super Bowl | Economic news

By MARK STEVENSON, Associated Press MEXICO CITY (AP) — Mexico has acknowledged that the U.S. government suspended all imports of Mexican avocados after a U.S. factory safety inspector in Mexico received a threat. The surprise suspension was confirmed late Saturday on the eve of the Super Bowl, the biggest sales opportunity of the year for […]

Free Trade Zones

Visualization of countries by their largest trading partner (1960-2020)

Amid supply chain issues and inflated shipping costs, global trade continued to grow last year, reaching around $28 trillion in 2021. 23% increase over the previous year. Which countries are the central nodes of the global trade network? Although China is currently the world’s largest trading partner, this has not always been the case. This […]

Trade Wars

Tension at Ukrainian border threatens automotive supply chain | News

Tensions have skyrocketed in recent months in Eastern Europe as Russia reportedly massed more than 100,000 troops and heavy weapons on its border with Ukraine, raising fears of an invasion. High-stakes talks between Russia and the West have so far failed to defuse a tense standoff between the two sides. Meanwhile, local businesses are warning […]

Free Trade Zones

Pak PM Khan departs for Beijing to attend Winter Olympics ceremony and meet with Chinese leaders

Pakistani Prime Minister Imran Khan traveled to China on Thursday for a four-day official visit to attend the opening ceremony of the Winter Olympics in Beijing and meet with the country’s top leaders, including the President Xi Jinping. Khan’s visit marks the culmination of celebrations commemorating the 70th anniversary of the establishment of diplomatic relations […]

Free Trade Zones

SuperyachtNews.com – Business – Year of the Tiger

It’s no secret that the superyacht market in general has struggled to convert the growing UHNW population into superyacht owners and perhaps nowhere is this more telling than in China. . With a booming UHNW population and a relatively intact superyacht market, compared to major buying hubs, China has long been assumed to represent the […]

Free Trade Zones

UK and E Timor plan to forge ties

The Secretary General of the Council for the Development of Cambodia (CDC), Sok Chenda Sophea, during the meeting on Thursday. CDC The enactment of the new investment law, together with the success of the Covid-19 vaccination campaign, is creating an ever-growing pool of rewarding investment opportunities in the Kingdom, according to the secretary general of […]

Free Trade Zones

Qatar and Colorado to expand economic partnerships: officials

Mohammed Barakat, USQBC’s chief executive and board treasurer, and Fahad Al Dosari, Qatar’s commercial attaché to the United States, during a meeting with Michael Hancock, mayor of Denver, United States, on Thursday . Doha: The United States-Qatar Business Council (USQBC), Metro Denver Chamber of Commerce and World Trade Center Denver collaborated on Thursday on a […]

Trade Wars

US-Vietnamese trade expected to increase as COVID-19 recedes

Among economists and medical professionals, there is cautious optimism that the pandemic could recede in 2022 as vaccination rollouts continue. This bodes well for U.S.-Vietnam trade relations since the arrival of the health storm, now in its second year, which disrupted supply chains, manufacturing and trade flows between former enemies and now global partners. Vietnam’s […]

Free Trade Zones

Eat globally

Charlotte Janssens thinks it can. An agricultural trade researcher at the Belgian University of Leuven, she has created dozens of global maps of food production, studying how it would change under multiple combinations of climate change predictions and future trade regimes. His maps revealed that more extreme climate change will lead to a significant drop […]

Free Trade Zones

Thailand and Bangladesh can benefit from growing trade ties – OpEd – Eurasia Review

Bangladesh believes that Thailand is a reliable and credible partner and friend because Bangladesh has had strong bilateral relations with Thailand since independence. Both Bangladesh and Thailand share a common regional platform like BIMSTEC. Trade relations between Bangladesh and Thailand have been very strong in recent years, especially in the field of raw materials. As […]

Free Trade Zones

The EU remains a very potential importer of Vietnamese rice

VIETNAM, January 17 – Visitors at the 5th Việt Nam Rice Festivals in the southern province of Vĩnh Long earlier this month. — Photo VNA/VNS Lê Thúy Hằng HÀ NỘI — With stable and high demand for specialty rice from Asia, the European Union (EU) remains a high-potential market for rice exporters from Việt Nam, […]

Free Trade Zones

Somaliland resists Chinese influence in Africa as it seeks…

(MENAFN – SomTribune) The self-declared state of Somaliland seeks recognition from the United States as it presents itself as a counterweight to Chinese influence in the Horn of Africa. Calls are mounting for Washington to set up a representative office in Somaliland, which hosted a delegation of congressional staff in its capital Hargeisa in mid-December. […]

Free Trade Zones

How Dubai’s tax laws attract both businesses and talent – business & finance

KARACHI: Dubai’s tax laws are not only aimed at promoting investment, but also attracting top talent, leaving room for tax optimization that can help redirect finances to research and development as well as expansion, according to experts. There are many factors that attract business, and therefore talent, to Dubai and arguably the most important of […]

Free Trade Zones

APC Aspiring President Unveils Program, Says MDAs To Use Used Cars Locally

From Fred Itua, Abuja All Progressives Congress (APC) presidential contender Moses Ayom said the World Bank’s current record of $ 26.2 billion in annual economic losses for Nigeria due to lack of access to electricity may be reversed through committed political leadership Ayom, who is the first CPA member to run for president ahead of […]

Free Trade Zones

Defeat and refine the sensitivities of Nigerian free zones

Gradually, but steadily, the bombastic accounts of the acclaimed underperformance of Nigeria’s FTZ concept over the past 29 years of its adoption to spur the country’s industrialization have been erased by a new generation of data scientists using the latest digital infrastructure. to capture, analyze and measure the contributions of this concept to the country’s […]

Free Trade Zones

THIRD PARTY LOGISTICS COMPANIES OFFER BENEFITS TO THOSE OPERATING IN FTAs

Businesses involved in importing global products to the United States and considering the use of a Foreign Trade Zone (FTA) in their operations may want to consult with a third-party logistics company for an in-depth review of access to a free zone. can mean to them and what a 3PL could offer in terms of […]

Free Trade Zones

Belt & Road Weekly Investor Intelligence # 61

We examine the profound differences between China’s Belt and Road Initiative and the US ‘Building a Better World’ initiative, examine how non-RCEP states can still access the larger free zone. exchange, let’s take a look at the latest easing in the areas of foreign investment allowed in China. , take a tour along the regional […]

Free Trade Zones

Export of bicycles grossed $ 500 million in ten months

Cambodian bicycle makers pulled $ 514 million from exports from January to October of this year, a 21% year-over-year increase, according to a Commerce Ministry report. The main markets for Kingdom’s bikes are the United States, Germany, United Kingdom, Japan, China, ASEAN countries, Belgium, the Netherlands, Austria, Sweden, Denmark, Australia, Czech Republic, Italy, Colombia, South […]

Free Trade Zones

Latin America shouldn’t be the ‘backyard’ where US plastic waste is thrown, activists say

Latin America does not want plastic waste from the United States. As data shows US plastic exports to some countries in the region more than doubled in 2020, more than 70 organizations around the world have called for an end to the trade and for the US to deal with its own waste. . “The […]

Free Trade Zones

What do global minimum tax rules mean for corporate tax policies?

Today, the Organization for Economic Co-operation and Development (OECD) released Model Rules for the Global Minimum Tax (also known as Pillar 2). These rules are designed to apply to multinational companies whose aggregate turnover exceeds 750 million euros and impose a minimum effective tax rate of 15% on the profits of such companies. In the […]

Free Trade Zones

Potential $ 10 Billion Opportunity in UAE DP World to Expand Industry Presence: Goyal

New Delhi, December 18 (UNI) The Jebel Ali (Jafza) Free Zone in Dubai, one of the world’s leading free trade zones, offers Indian industry a potential $ 10 billion opportunity to expand its global presence by leveraging trade platforms and infrastructure offered by the UAE as India and UAE step up economic cooperation ahead of […]

Free Trade Zones

Why is 2022 the perfect time to invest?

Vietnam offers favorable conditions for foreign investors for many reasons: strategic location, abundant workforce with competitive labor costs and a relatively open environment for FDI to name a few- a few. However, the pandemic outbreak during the summer months of 2021 with heavy restrictions and supply chain disruptions has led to uncertainties; thus, foreign investors […]

Free Trade Zones

China to lower import tariffs to support a new development model

A construction site at Zhoushan Port in Ningbo, east China’s Zhejiang Province, October 26, 2021. Official data showed that the port’s cargo throughput amounted to 923 million tons during from the first nine months of this year, up 4.1% over the same period last year. . Photo: cnsphoto China will reduce or cancel tariffs on […]

Free Trade Zones

Busy container ports herald China’s robust foreign trade

BEIJING – China’s container shipping industry has seen steady growth this year amid headwinds from the COVID-19 pandemic and container shortages, indicating the strength of foreign trade and the country’s economic resilience. Cargo throughput at Chinese ports totaled 12.87 billion metric tons in the first 10 months, up 7.8% year-on-year. During the period, container throughput […]

Free Trade Zones

Persistent openness, the best manifestation of China’s commitment to the WTO

CHENG WANDONG / FOR CHINA DAILY China’s accession to the World Trade Organization (WTO) 20 years ago has proven to be a watershed economic event of the 21st century, changing the political-economic landscape not only of China but also of the world in his outfit. China’s continued openness is the best way to celebrate its […]

Free Trade Zones

China-Laos Railway to Reduce Transportation Costs and Boost E-commerce

Vientiane station in Vientiane, Laos, October 16, 2021. / CFP Vientiane station in Vientiane, Laos, October 16, 2021. / CFP The launch of the China-Laos Railway of over 1,000 kilometers will facilitate land transit trade, help reduce transportation costs and boost cross-border e-commerce. The railway departs from Kunming in southwest China to the north, passes […]

Trade Wars

Peng Shuai rift deepens as WTA says boycott of China is about ‘good and evil’

SHANGHAI – As his differences with China over the Peng Shuai affair deepened on Thursday, the head of the Women’s Tennis Association said he was suspending all tournaments on the mainland and in Hong Kong because certain things were wrong. “more important than money”. The boycott move sparked a more angry backlash from Beijing, as […]

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

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

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

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 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 […]

Trade Wars

George Kerevan: Why this week’s budget will be a smokescreen for the Conservatives’ real plans

WARNING: This Wednesday brings Chancellor Rishi Sunak’s latest budget. The warning lies in this: to this day Sunak has printed money to spend as if there is no tomorrow. Or rather, the Bank of England did it on his behalf. Some £ 895 billion was invented at the push of a Bank of England computer […]

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

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

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 […]

Trade Wars

The new order of commerce

October 9, 2021 THIS DIARY was founded in 1843 to campaign for the repeal of British protectionist corn laws (which was carried out three years later). The argument for free trade was that tariffs enrich the rich to the detriment of the poor, and that discrimination against foreigners leads to mock retaliation, making it worse […]

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 […]

Trade Wars

Egypt calls for activating AfCFTA to strengthen sustainable development and achieve Africa’s Agenda 2063

Egyptian Minister of International Cooperation Rania Al-Mashat said activating the African Continental Free Trade Area (AfCFTA) is integral to achieving sustainable development. Africa should capitalize on this agreement to strengthen joint cooperation among African countries, increase private sector engagement, facilitate restructuring of regulatory laws and strengthen electronic commerce, she added. Al-Mashat’s remarks came during a […]

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

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

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

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 […]

Domestic Bonds

China to increase cross-border investment, strengthen yuan

A staff member counts yuan notes at a bank in Linyi, east China’s Shandong Province. XINHUA PRESS AGENCY China’s central bank is committed to expanding cross-border investment and financing channels to boost the opening of the country’s financial market, according to a recent key report. The People’s Bank of China (PBoC), the central bank, will […]

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

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 […]