free port

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Free Port

A port where ships can dock and unload goods without paying tariffs or other fees on those goods. The goods can be held duty-free at the free port for a certain period of time, though generally they must be re-exported at the end of the period. Free ports may be used to make final improvements on unfinished goods.

free port

see FREE TRADE ZONE.
References in periodicals archive ?
The value of exports from America's Foreign-Trade Zones (FTZs) increased by 24.
An application has been submitted to the Foreign-Trade Zones Board by Baxter Healthcare Corp.
Foreign-Trade Zones Board in June, the state Economic Development Authority expanded the area of one of West Virginias two foreign trade zones to 18 counties.