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The country's Free Trade Zones - offering 100% foreign ownership and zero taxes - are helping to attract foreign investors.
FORBES: United Arab Emirates
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The massive growth in some East Asian countries in the past 25 years became possible through the concept of pulling foreign investments into industrial and free trade zones through very attractive tax incentives.
CNN: Thai Inquiry
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There are efforts to have different law for some countries (the Dubai free trade zones are great examples Jebel Ali in the 70s was probably the first major development of its kind), but the law outside business still needs revision.
FORBES: Why Have The Islamic Countries Failed To Develop Even With Resources Like Oil, While Countries With No Resources Like Switzerland Have Flourished?
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Georgia talks of developing free-trade zones in Abkhazia, but is yet to lift sanctions that do not work anyway.
ECONOMIST: Georgia, Abkhazia and Russia
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This, together with restrictive labour regulations, means that there is little non-oil foreign direct investment in Iran, except for pilot projects in the free-trade zones.
ECONOMIST: Iran��s economy
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The various free-trade and special economic zones that have been set up have attracted some money, but so far the trade zones, at least, have been used more for importing than for exporting.
ECONOMIST: Stunted and distorted | The