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free-trade zone |
Also found in: Wikipedia | 0.12 sec. |
free-trade zoneArea within which goods may be landed, handled, and re-exported freely. The purpose is to remove obstacles to trade and to permit quick turnaround of ships and planes. Only when the goods are moved to consumers within the country in which the zone is located do they become subject to tariffs and customs regulation. Free-trade zones are found around major seaports, international airports, and national frontiers; there are more than 200 such zones in the U.S. alone. |
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| It is the Middle East's biggest ICT infrastructure, built inside a free trade zone. The big sticking point to Bush's dream of a hemispheric free trade zone stretching from Alaska to Argentina is U. DPSFW) has established operations in the Waigaoqiao Free Trade Zone in the Pudong district of Shanghai to support customers with design and technical assistance, global supply chain integrity and customer service programs. |
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