Eritrean Free Zones Proclamation, No. 115 of 2001 País/Territorio Eritrea Tipo de documento Legislación Fecha 2001 Fuente FAO, FAOLEX Materia Agricultura y desarrollo rural Palabra clave Desarrollo agrícola Negocios/industria/corporaciones Fortalecimiento de la capacidad Gobernanza Participación pública Puerto Tasa/impuesto Comercio internacional Autorización/permiso Área geográphica Africa, Africa Oriental, Países menos desarrollados, Mar Rojo & Golfo de Adén Resumen The objectives of the Free Zone program is to contribute to the development of an internationally competitive business sector in Eritrea by creating an environment in which domestic and foreign investors will be encouraged to invest in export business activities thereby creating employment opportunities, extending the technology base, developing the technical and managerial skill of the Eritrean workforce, expanding Eritrea’s external business and marketing contacts or building industrial projects of all kinds and storage for raw and produced materials, excluding storage of drugs. The Proclamation establishes the Eritrean Free Zones Authority as a legal person, to carry out duties, powers and functions provided therein, including; inform the Minister on all aspects of development, promotion, operation, management and control of free zones; promote investment in free zones and assist persons who want to develop and manage a free zone, or to establish a business therein; evaluate proposals for the designation of areas of land, water, and/or buildings as free zones, evaluate license applications from persons to construct, develop, and/or manage free zones or buildings or facilities therein, among others. the Proclamation provides for the Board of Directors who shall carry on the day to day activities of the Authority. The Authority may permit activities in the free zone which it believes will contribute to the achievement of the objectives of the Proclamation. Furthermore, the Proclamation prohibits unlicensed activities. Free Zones operate under the control of customs, as such the import and export of goods from a free zone shall be exempted from all import licensing requirements and some other restrictions. Texto completo Inglés