free-trade zone

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English - Turkish

Definition of free-trade zone in English Turkish dictionary

free trade zone
serbest bölge
English - English

Definition of free-trade zone in English English dictionary

free-trade zone
Area within which goods may be landed, handled, and re-exported freely. The purpose is to remove obstacles to trade and to permit quick turnaround of ships and planes. Only when the goods are moved to consumers within the country in which the zone is located do they become subject to tariffs and customs regulation. Free-trade zones are found around major seaports, international airports, and national frontiers; there are more than 200 such zones in the U.S. alone
free trade zone
area in which there is unrestricted trade among nations without the imposition of government tariffs or customs duties on imports
free-trade zone
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