A free trade and warehousing zone is an area that a person is allowed to trade objects and store personal items without government law being enforced upon them.
Another View: It is a protected and guarded government authorized reservation/property on which import/export items are stored after they are bought into the country and PRIOR to the goods actually being charged import/export excise taxes and duty.
Colón Free Trade Zone was created in 1948.
Chabahar Free Trade-Industrial Zone was created in 1992.
Ras Al Khaimah Free Trade Zone was created in 2000.
Ras Al Khaimah Free Trade Zone's motto is 'The Home Of Business'.
yeah
yes
A free trade zone is a formerly free port where goods can be handled, manufactured, landed, reconfigured, or reexported without intervention by customs authorities.
The NAFTA
Yes
No, a free trade zone is an area where goods can be traded without tariffs or quotas, encouraging international trade, while a foreign trade zone is a designated area within a country that is treated as being outside of that country's customs territory for tariff purposes. Free trade zones promote trade by reducing trade barriers, while foreign trade zones facilitate international commerce in a specific area within a country.
mumbai
China