Expanding Free Trade Zones as the Backyard of Government Mafia
By Pooya Stone
Free Trade Zone (FTZ), also known as the Special Economic Zone (SEZ), is defined as a geographic area that provides special exemptions and facilities for investors. FTZs are generally located around major seaports, international airports, and national borders. Factually, these areas have been organized to foster economic activity and employment by reduction of taxes and customs duties.