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.

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

References in periodicals archive ?

He had already taken some distance from OMNI and Zona Franca, the two artistic groups he had cofounded at the end of the 1990s, and which had merged into one.

Juan Carlos Flores, OMNI-Zona Franca, and the Reinvention of Alamar

Asimismo, el considerando 49 del CAU establece literalmente que "En vista de mayores medidas de seguridad, es preciso que la inclusion de mercancias en una Zona Franca pase a convertirse en un regimen aduanero, y que tales mercancias se sujeten a controles aduaneros de entrada y a control de registros".

Estudio y analisis de Zonas Economicas Especiales. Propuestas de mejora para las Zonas Francas espanolas actuales

"The partnership we are celebrating today by and between PI Parks and El Consorci de la Zona Franca de Barcelona, a leading Spanish company whose history goes back to 1916, is aligned to Egypt's national strategic plan for industrial development and will target diverse and major sectors such as construction engineering, food processing, building material, chemicals, medical equipment and textiles," he said.

Egypt, Spain launch industrial zone

Details: Raul Rosario, Interamericana Apparel, Zona Franca Industrial de Santiago, Etapa III, P.O.

NEW AAPN MEMBER

Details: Maquiladora D& M, Zona Franca Industrial Las Mercedes, Modulo #6, Km 12 1/2 , Carretera Norte, Managua, Nicaragua.

NEW AAPN MEMBER

Samuel Conde, spokesman for the Zona Franca Multimodal Caucedo, announced the start of construction for the end of August, reports DR1 Daily News (June 28, 2001):