The first two free trade zones of Iran were established in the south of the country. The first one was Kish Free Trade Zone established in 1368 on Kish Island in the Persian Gulf and the second one ...

In addition, most developed nations belong to regional free-trade areas, such as the EU, Nafta in North America, Mercosur in South America. Not that free. The WTO system keeps tariffs low ...

Analysts describe different scenarios based on potential outcomes, including disruptions to supply chains, acquiescence to ...

His move has sent shockwaves across South Africa, with experts fearing he may go on to use this opportunity to end preferential access to the US market through its special US-Africa trade ...

"We met with China's Foreign Minister Wang Yi together with Andriy Yermak to reaffirm mutual respect for territorial ...

Businesses in foreign trade zones can defer paying duties and taxes until their products leave the zone at the point of sale.

Tractor Supply Co. and Puma North America. If the items do not leave the foreign trade zone or are exported again out of the zone, the duties and taxes are not charged, Irmen said. That can save ...