A free port is usually a port or port area that does not belong to any country’s customs jurisdiction. Foreign goods can be exempted from customs access to and from the port, where they can be processed, stored, sold, loaded and repackaged. But foreign vessels must comply with the relevant laws and regulations on health, immigration and other items.
The scope of the free port, some limited to a particular area of a port, and some extended to the port area, the area known as the free zone. The aim of some countries to establish a free zone is to develop transit trade, to attract foreign ships or goods to transit, to obtain freight, stacking fees, processing fees and so on. The more famous free ports are the Mediterranean coast of Beirut (Lebanon), Tangier (Morocco), Ceuta (Spain), Almería (Spain), the Red Sea outside Aden (South Yemen), Djibouti (Djibouti), Asia (The Republic of Germany), the North Atlantic Bermuda (UK), the Caribbean of Georgetown (Cayman Islands), the United States, the United States, the United States, the United States, the United States, ), Panama City, Cologne, West Africa’s Monrovia (Liberia), and the world’s largest waterfall in Niagara Falls West Coast of Niagara Falls (USA) and the east coast of St. Catherine (Canada) and many more.
Most people think that the free port is in developing countries only, in fact, the world’s most developed capitalist countries have free ports, but the name is different. Beginning in the sixties, Britain, France, Belgium, the Netherlands, Denmark have set up a “special area”, the provisions of preferential treatment, the use of foreign capital in underdeveloped areas of industrial and commercial development. Northeastern France, Alsace, the northern part of the Netherlands, the south and other underdeveloped border areas, have implemented a liberalization policy, the United States in the port, airport, station, freight yard built dozens of “free trade zone.” This free port mainly from the role of transfer station, temporary storage of imported goods, for sale; in addition, also allows foreign workers in the region processing, assembly, labeling, sorting and so on.
Since the sixties, and especially in recent years, the world has formed a number of export processing zones, such as the western coast of Ireland Shannon, the border of Mexico, Brazil’s Manaus, Puerto de Maya, Dominica’s La Romana, India Cincinnati, Santa Cruz, Singapore, Jurassic, Sri Lanka, Bataan, Maldives, Malaysia, Cape Town, Malaysia, Pennsylvania, South Korea, Seoul, Incheon, Bangladesh Hong Kong and so on, China’s Shenzhen, Zhuhai, Shantou, Xiamen and other “special economic zones” are also under construction.