Special economic zones
Electronic trade and block chain technologies should be applied in special economic zones. Juan Torrents, president of ‘FEMOZA – World Free & Special Economic Zones Federation’ shared his opinion at the 4th congress of members of special economic zones of Kazakhstan held in Astana. In addition, during the event, the project of the new Silk Road digital parks was presented. According to this project, Kazakhstan will play the role of the electronic commerce center of the region.
JUAN TORRENTS, PRESIDENT, FEMOZA, WORLD FREE AND SPECIAL ECONOMIC ZONES FEDERATION
- But we think that for Kazakhstan it will be easier because you are in a very really strategic situation. This is important. So, most of the progress that shows with a good strategic location, but, additionally, your government worked hard in the past
The meeting participants also discussed the ways of simplifying customs procedures and implementing customs benefits and preferences as part of the Eurasian Economic Union. Meanwhile, there are 11 free economic zones in Kazakhstan. They help attract foreign investments to Kazakhstan and open joint ventures. Currently, more than 170 projects are under implementation in the special economic zones and 14,000 jobs were created as part of the zones.