2007-01-14 22:51:46 · 5 answers · asked by Anonymous in Social Science ➔ Economics
Special Economic Zones are created with exclusive rules with lots of concessions and subsidies for the entrepreneurs to increase the export potential and earn more foreign exchange for the country.
2007-01-17 09:05:46 · answer #1 · answered by NQS 5 · 0⤊ 0⤋
a particular financial Zone (SEZ) is a countryside that has financial rules that are greater liberal than a rustic's known financial rules. oftentimes the purpose is a upward thrust in foreign places investment. between the earliest and the main properly-liked particular financial Zones have been based by the government of the human beings's Republic of China below Deng Xiaoping interior the early Nineteen Eighties. the main valuable particular financial Zone in China, Shenzhen, has progressed from a small village right into a city with a inhabitants over 10 million interior of two many years. the object particular financial Zone of the human beings's Republic of China delivers greater training relating to the particular financial Zones in China. Following the chinese language examples, particular financial Zones have been known in numerous international locations, including India, Iran, Jordan, Poland, Kazakhstan, the Philippines,Russia, and Ukraine. North Korea has additionally tried this to a level, yet failed. presently, Puno, Peru has been slated to alter right into a "Zona Ecomomica" by its president Alan Garcia. interior of america, SEZ are talked approximately as "city corporation Zones". in accordance to international financial company estimates, as of 2007 there are better than 3,000 projects happening in SEZs in one hundred twenty international locations worldwide.
2016-10-20 05:38:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
SEZ -exemption for all taxes,duties ,
2007-01-14 22:55:37 · answer #3 · answered by Rahul S 1 · 0⤊ 0⤋
country A supply raw materials to manufacture a particular product,
to country .B
and also buy the finished product.
THE AREA IN COUNTRY b IS CALLED s.e.z
2007-01-14 23:06:18 · answer #4 · answered by Anonymous · 0⤊ 0⤋
they are areas given to the industries to develop, with the benefit of tax exemptions.
2007-01-15 03:01:37 · answer #5 · answered by Charu Chandra Goel 5 · 0⤊ 0⤋