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What is a Free-Trade Zone in International Trade?

Free Zones are zones established to encourage investment and production and accelerate foreign direct investments and technology entrance. They develop international trade within the political borders of the country in which they are located. Ordinary trade barriers such as taxes, tariffs, and quotas are abolished in Free Zones, and bureaucratic restrictions are eased. When compared[...]
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New $136.5B Export in Technology-Intensive Products

In recent years, Turkey’s “technology-intensive product” manufacturing industry has grown significantly. Technology-intensive product exports climbed by 19.2 percent in the first seven months of the year compared to the same period of the previous year. The aforementioned product group’s export reached 136.5 billion dollars in total. Technology-intensive products provide enormous value to economies. As a[...]
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What Is A Seaport Terminal?

A seaport terminal or marine terminal is a facility in a port where cargo is handled. Terminals contain facilities for loading, unloading, and storing cargo. Production and processing facilities are often located near a seaport terminal but are not technically considered part of the terminal. Seaport terminals are sometimes referred to as docks. When ships[...]
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