Write a short note on Export Processing Zone

February 21, 2023February 21, 2023 Discipline: Business
Learning Goal: I’m working on a business question and need support to help me learn.

Export Processing Zones (EPZs): They are industrial estates, which form special enclaves separated from the domestic tariff areas. These are usually situated near seaports or airports. They are intended to provide an internationally competitive duty free environment for export production at low cost. They can import capital goods and raw materials for production of export goods without license

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