Special Economic Zones
Wednesday, September 9th, 2009The new strategy was put in place in the export-import policy since April 1, 2000 with the foundation of special economic zones (SEZ) in the country to ensure the conditions for a smooth and competitive exports. Companies can be established in SEZ for manufacture, trade, repair, or for activities in the service sector. Companies in this zone must work exclusively on attracting foreign exchange earnings, but they should not be pre-determined surplus value and the minimum requirements for the volume of exports. Sales in the Inner Tariff Areas for SEZ enterprises should be eligible for currency transactions in the required payment of all customs duties and adhering to the import policy.
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