Export processing zone (EPZ)

Export processing zone (EPZ),

Definition of Export processing zone (EPZ):

  1. Type of free trade zone (FTZ), set up generally in developing countries by their governments to promote industrial and commercial exports. In addition to providing the benefits of a FTZ, these zones offer other incentives such as exemptions from certain taxes and business regulations. Also called development economic zone or special economic zone.

Meaning of Export processing zone (EPZ) & Export processing zone (EPZ) Definition