In an effort to facilitate exports,countries are designating certain areas as "free trade zones" (FTZ)or "special economic zones" (SEZ).

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Free Trade Zones (FTZ) or Special Economic Zones (SEZ) are designated areas within countries where goods can be imported, handled, manufactured, and re-exported under specific customs regulation and generally not subject to customs duty. These zones are established to facilitate trade and investment, increase exports, and drive economic growth by offering businesses advantages such as tax exemptions and simplified customs procedures.

In an Effort to Facilitate Exports,countries Are Designating Certain Areas