zone's subjects produced products for over 22,2 million somoni or $2.3 million, the ministry noted.
"Specialists, lawyers and experts, who participated in the bill drafting, looked into international legislation on free-trade
zones in details.
zones help in creating around 83,000 direct jobs with annual wages estimated to be worth $95 million, along with many indirect jobs.
After the zones have been hard hit by the bad repercussions of the war waged against Syria since 2011, compounded by the unjust economic siege and sanctions imposed on the country, the government has been exerting relentless efforts to support and develop the free-trade
zones to enable them to resume their activity.
He said talks were ongoing, but they were only "preliminary discussions" on a free-trade
deal and talk of any impending signing was "premature."
"Which was exactly what we were trying to prevent when we negotiated the free-trade
Lee, who is in China on a five-day visit, told Singaporean journalists after an hourlong meeting Friday with Chinese Premier Wen Jiabao that bilateral free-trade
talks will begin during a summit between the Association of Southeast Asian Nations and its three East Asian partners China, Japan and South Korea, which has been slated for November in the Laotian capital Vientiane.
The Senate joined the House in voting July 31 to approve separate free-trade
pacts with Chile and Singapore.
They reinforce the benefits of import liberalization at home by opening up markets abroad, thus multiplying the economic gains and bringing domestic exporters into the free-trade
Meanwhile, the developed East Asian economies have initiated a system of currency swaps and are beginning to broach the idea of an Asian free-trade
That a pro-union Democrat with a weak free-trade
record like Rangel could support PNTR shows how much the political dynamics over trade have changed in the United States and why passage of the measure was never really in jeopardy.
The idea, say free-trade
proponents like President Bill Clinton, is the fewer restrictions on trade, the more trade, and the more trade, the more everyone benefits.