Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
Economic zone
|
| gptkbp:benefit |
Attracts foreign investment.
Facilitates international trade. |
| gptkbp:defines |
A designated area, usually at a port, where goods can be imported, stored, and exported without customs intervention.
|
| gptkbp:example |
gptkb:Jebel_Ali_Free_Zone
Singapore Freeport Hong Kong Free Port |
| gptkbp:feature |
Customs duties are only paid when goods enter the domestic market.
Goods can be stored, handled, manufactured, or reconfigured without being subject to customs duty. |
| https://www.w3.org/2000/01/rdf-schema#label |
Free port
|
| gptkbp:purpose |
To encourage trade by reducing customs duties and regulations.
|
| gptkbp:regulates |
Subject to national and international trade laws.
|
| gptkbp:relatedTo |
Free economic zone
Special economic zone Bonded warehouse Customs area |
| gptkbp:riskFactor |
Potential for smuggling or money laundering.
|
| gptkbp:bfsParent |
gptkb:Entrepot
|
| gptkbp:bfsLayer |
8
|