The European Union’s significant trade agreement with the Mercosur bloc, consisting of Brazil, Argentina, Uruguay, Paraguay, and recently joined Bolivia, is stirring controversy and dividing member states. This deal, culminating from 25 years of negotiations and signed on December 6, aims to establish one of the largest free trade zones
Russian Prime Minister Mikhail Mishustin has officially approved the creation of three new special economic zones (SEZs) in Russia and the expansion of two existing ones. This development was reported by Xinhua News Agency, in collaboration with TV BRICS. The newly signed decree details the establishment of SEZs in the
Recent developments in the Shanghai Pilot Free Trade Zone indicate a shift towards facilitating cross-border data transfers, a move expected to ease the stringent regulations imposed by China’s Cyberspace Administration of China (CAC). The special economic zone in Shanghai is set to become a key player in liberalizing data export
Bamanga Usman Jada, the managing director of the Oil and Gas Free Zones Authority (OGFZA), recently emphasized the role of Nigeria’s Special Economic Zones (SEZs) in attracting foreign direct investment. During his visit to Doris Uzoka-Anite, the Minister of Industry, Trade, and Investment in Abuja, Jada highlighted the significant impact
Initially established in 2013 as a pilot zone for economic reform, the Shanghai Free Trade Zone (FTZ) has evolved into a popular site for bond issuance, particularly known as ‘pearl bonds’. This shift in focus from attracting foreign direct investment and facilitating trade to financialization has seen the zone house
Zone”Singapore and Malaysia have signed a memorandum of understanding (MOU) to collaborate on the development of the Johor-Singapore Special Economic Zone (JS-SEZ). This agreement, signed by Singapore’s Trade and Industry Minister Gan Kim Yong and Malaysia’s Minister of Economy Mohd Rafizi Ramli, marks a significant step in enhancing cross-border economic
Indonesia’s Tourism and Creative Economy Minister, Sandiaga Salahuddin Uno, has extended an invitation to the UAE Entrepreneurship and Educator Team for Economic Zone Development, Family Business Sustainability, and Education Chair, Adil Alzarooni, to invest in eight of the country’s special economic zones (SEZs). These zones, specifically designed for the tourism
Government’s New Strategy for Economic Growth Ghana is setting a new course to stimulate its economy by formulating a special economic zones policy aimed at enticing both domestic and foreign companies to establish their base operations within the country. Focused on industries like manufacturing, technology, and trade, the government’s primary
