UK to establish 10 Freeports after Brexit
Britain’s international trade Secretary Liz Truss has announced a new Freeports Advisory Panel to advise the government on the establishment of up to 10 Freeports, aiming at boosting the UK’s trade performance post-Brexit.
Ports and airports across the UK will be invited to bid to become one of up to 10 Freeports.
Freeports are envisaged as hubs for business and enterprise for both manufacturing and services trade, which could be free of unnecessary checks and paperwork, and include customs and tax benefits.
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