Open secrets: Corruption in Free Trade and Special Economic Zones as an enabler for illegal wildlife trade
FTZs and SEZs are legal mechanisms created to facilitate international trade, incentivize development, promote poverty alleviation, and drive industrialization. To achieve these goals, FTZs/SEZs have special legal regimes that exempt the application of certain laws (e.g., requirements to incorporate companies) to attract foreign investment. Depending on the specific case, some FTZs/SEZs also provide expedited customs clearance, exempt transiting goods from customs inspections, offer foreign exchange benefits, require less oversight from authorities, and have less stringent labor and environmental requirements as a way of simplifying the conduct of business (Financial Action Task Force 2010, UNCTAD 2019).
https://biodiversitylinks.org/projects/current-global-projects/tnrc/resources/6pghxs9zpy_corruption_in_ftz_sez_as_an_enabler_for_iwt.pdf/view
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Open secrets: Corruption in Free Trade and Special Economic Zones as an enabler for illegal wildlife trade
FTZs and SEZs are legal mechanisms created to facilitate international trade, incentivize development, promote poverty alleviation, and drive industrialization. To achieve these goals, FTZs/SEZs have special legal regimes that exempt the application of certain laws (e.g., requirements to incorporate companies) to attract foreign investment. Depending on the specific case, some FTZs/SEZs also provide expedited customs clearance, exempt transiting goods from customs inspections, offer foreign exchange benefits, require less oversight from authorities, and have less stringent labor and environmental requirements as a way of simplifying the conduct of business (Financial Action Task Force 2010, UNCTAD 2019).
