A free port (porto franco) or free zone (zona franca), sometimes also called a bonded area (US: Foreign-Trade Zone) is a port, port area or other area with relaxed jurisdiction with respect to the country of location. Free economic zones may also be called free ports.
Most commonly a free port is a special customs area or small customs territory with favorable customs regulations (or no customs duties and controls for transshipment). Earlier in history, some free ports like Hong Kong enjoyed political autonomy. Many international airports have free ports, though they tend to be called customs areas, customs zones, or international zones.
Famous quotes containing the words list of, list, free and/or ports:
“Religious literature has eminent examples, and if we run over our private list of poets, critics, philanthropists and philosophers, we shall find them infected with this dropsy and elephantiasis, which we ought to have tapped.”
—Ralph Waldo Emerson (1803–1882)
“Religious literature has eminent examples, and if we run over our private list of poets, critics, philanthropists and philosophers, we shall find them infected with this dropsy and elephantiasis, which we ought to have tapped.”
—Ralph Waldo Emerson (1803–1882)
“The most stringent protection of free speech would not protect a man in falsely shouting fire in a theater and causing a panic.”
—Oliver Wendell Holmes, Jr. (1841–1935)
“All places that the eye of heaven visits
Are to a wise man ports and happy havens.”
—William Shakespeare (1564–1616)