22 de December de 2022 - alexia
A free trade zone is a geographic area specially designated by a government to encourage trade and investment. Within this zone, goods can be imported, exported, manufactured and distributed without the application of taxes and customs duties. This makes free trade zones attractive to companies seeking to reduce costs and increase competitiveness.
Free trade zones can be managed by governments, port authorities or private companies. In addition to reducing costs, free zones can also attract foreign investment and promote local economic development.
In short, a free zone is an area specially designated to promote trade and investment, where international trade transactions can be carried out without tariff or exchange restrictions. It can be managed by governments, port authorities or private companies and can be an effective tool for reducing costs and attracting foreign investment.
