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 ...

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 ...

Global trade ... free zones are also fuelling demand for high-quality office space. Multinational corporations and logistics firms are setting up regional headquarters in these zones, drawn by ...

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 ...

China has begun to challenge U.S. hegemony in Latin America. The chaos of the Trump presidency may present it a new ...

AGOA provides participating countries, including South Africa, with trade preferences for quota and duty-free entry into the ... and the United States of America. However, losing its AGOA benefits ...

On Feb. 10, 2025, just a week after announcing country-specific, blanket tariffs on Canada, Mexico, and China, President ...

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