free port

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  • noun

Synonyms for free port

an area adjoining a port where goods that are intended for reshipment can be received and stored without payment of duties


Related Words

a port open on equal terms to all commercial vessels

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References in periodicals archive ?
Ben "With an attractive free ports plan and essential upgrades to our transport links, I am taking every opportunity to make our region as inviting as possible to business from around the world.
Tees Valley Mayor Ben Houchen travelled to the capital to put forward his case to make it a free port to Liz Truss, Chief Secretary to the Treasury, and Robert Jenrick, Exchequer Secretary to the Treasury.
In light of this objective of the cooperation plan, Far East JPPV aims to promote Japanese companies' investments in the ASEZs and Free Ports in the Far East.
As the Russian government emphasizes the development and advancement of the Far Eastern region as a top priority in its policy, it is promoting investment into the ASEZs and Free Ports from foreign countries, including Japan.
In January, I was one of 50 business leaders from the region who signed a letter to the Chancellor of the Exchequer, Philip Hammond, from Tees Valley mayor Ben Houchen in support of a study into establishing a free port on the Tees.
In terms of the free flow of commodities, all the companies registered within the free port are not required to undergo checkups or examination at the customs, inspection and quarantine departments.
Why then do free ports such as Apeco stand to receive even more special tax treatments?
He said: "With its industrial and maritime heritage and skilled workforce, Teesside is ideally placed to lead a free ports revolution in Britain.
We like to discuss the possibility of a Ceylon Tea Hub in Sohar Free Port and Free Zone's newest phase.
The first economic zone in the Philippines, the former Bataan Export Processing Zone, is now the Freeport Area of Bataan (FAB), which created over 25,000 jobs in 2015 with more companies opening up and spawning thousands of employment inside the free port.
The letter, signed by Hitachi Rail, Sirius Minerals, Liberty Steel and Quorn foods, to name but a few, aims to capitalise post-Brexit by making the area a test case for the creation of free ports.
these [used] cars are allowed into the free ports but they cannot be brought out of these ports.
The letter aims to make the area a test case for the establishment of Free Ports following the UK's withdrawal from the European Union.
Their call was prompted by the decline in new car sales due to the heavy importation of used vehicles, most of which entered the country through the economic zones and free ports.
Tees Valley Jerry Hopkinson, PD Ports' Chief Operating Officer, said: "We welcome this call for a pilot study into the viability of Free Ports.