Export processing zone

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Studies have concluded that countries with a surplus of cheap labor can use EPZ's to increase employment and generate foreign investment. Most recently in Bangladesh, the government's policy of banning unions has only softened after the building collapse that killed over workers.

Posted in Basic page An Export Processing Zone EPZ is a Customs area where one is allowed to import plant, machinery, equipment and material for the manufacture of export goods under security, without payment of duty.

Nonetheless, the ILO recognizes that the conduct of employers and the condition of workers in EPZs is a serious concern. EPZs are special arrangements—often a distinct geographic area near a port—which are set up to promote export industries.

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Although incidents of sweatshop labor have not been uncommon and are very disturbing, there is also evidence that international investment in labor-intensive industries, in the long term, tends to raise wages and strengthen the bargaining power of local workers. Other factors include the skill level of the work force, access to markets through transportation infrastructure, tax policies, overall political and economic stability, and the prevalence of corruption. Nonetheless, the ILO recognizes that the conduct of employers and the condition of workers in EPZs is a serious concern. Studies have concluded that countries with a surplus of cheap labor can use EPZ's to increase employment and generate foreign investment. Other benefits of operating such enterprises include; free trade conditions, streamlined Government red tape allowing for one stop registration and licensing and also a facility of long term tax concession. The Commissioner may on reasonable grounds direct a Customs officer to carry out examination of the goods at the port of entry. Most recently in Bangladesh, the government's policy of banning unions has only softened after the building collapse that killed over workers. Before workforces can be organized to demand better protection, there must first be a workforce. Q: Who keeps records of goods that go in or out of the EPZ? Normal import procedures are to be applied for waste that the importer may wish to sell in the home market.

A certified copy of Form C17 confirming that exportation of the goods has taken place shall be given to the owner for the purposes of security bond cancellation. The EPZ has been used by developing nations since the 's to encourage foreign investment.

Stating the proposition this simply, the answer is clearly no.

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Under certain conditions - including appropriate setup and good management - export processing zones can play a dynamic role in a country's development, but only as a transitional step in an integrated movement toward general liberalization of the economy with revisions as national economic conditions change.

Before workforces can be organized to demand better protection, there must first be a workforce. Investment is most attracted to countries that have an overall favorable environment for capital.

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Resource guide on export processing zones (EPZs) (ILO Library)