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Old 4th Mar 2021, 07:12
  #292 (permalink)  
SWBKCB
 
Join Date: Apr 2003
Location: Northumberland
Posts: 8,560
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Buster the Bear

Goods are tariff free until they leave the freeport. Not sure how this impacts on the airport, although there are tax breaks for development within the freeport etc. Seem to work best when they encourage the import of raw materials which are then processed in the freeport and then re-exported or imported as a finished products. The counter arguement is that they don't generate growth as existing business just hops over the fence into the lower tax area. Not sure how this benefits the airport (but clearly also isn't a bad thing)

Also, PMI no longer seems to be bookable for winter?
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