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free port - Meaning in Tamil

Tamil: ப்ரீ போர்ட

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free port - Meaning in Tamil

Transliterate

noun

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Definitions and Meaning of free port in English

free port noun

a port open on equal terms to all commercial vessels
an area adjoining a port where goods that are intended for reshipment can be received and stored without payment of duties
Synonyms
free zone

Synonyms of free port

free zone

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Description

Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity. The taxation rules and duties are determined by each country. The World Trade Organization (WTO) Agreement on Subsidies and Countervailing Measures (SCM) has content on the conditions and benefits of free zones.

Also see "Free economic zone" on Wikipedia

Also See

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English Tamil Translator

What is free port meaning in Tamil?

The word or phrase free port refers to a port open on equal terms to all commercial vessels, or an area adjoining a port where goods that are intended for reshipment can be received and stored without payment of duties. See free port meaning in Tamil, free port definition, translation and meaning of free port in Tamil. Find free port similar words, free port synonyms. Learn and practice the pronunciation of free port. Find the answer of what is the meaning of free port in Tamil.

Other languages: free port meaning in Hindi