Free Trade Zones and trade in ODS - OzonAction Fact Sheet

Free Trade Zones” (FTZ), are specifically defined areas within a country where goods may be imported/landed, handled, processed, assembled, manufactured or reconfigured, and re-exported with the companies deriving a wide range of benefits, for example, exemptions from duty and taxes, simplified administrative procedures and duty free imports of raw materials, machinery, parts and equipment. They are generally located around major ports, international airports, and national borders and locations with geographic advantages for trade.