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 Curaçao
plays an integral role in international business. A special Association
Agreement with the European Union allows companies that do business
in and via Curaçao to export many products to European markets
free of import duties and quotas. Curaçao is also a beneficiary
of the U.S. Caribbean Basin Initiative (CBI), which allows most exports
to enter the United States duty free.
The Curaçao Government is serious about en economic development
and offers two free trade zones: the Harbor
Economic Zone and the Airport
Free Zone. Most of the companies located in the Harbor Economic
Zone are trading firms that distribute products from the United States,
Europe, and Asia to the Caribbean and Latin America. In a Curaçao
Economic Zone, goods for export can be stored, manufactured, processed,
assembled, packed, exhibited, and released from bond, free from all
duties. In addition, services, for instance via Internet, may also
be provided. |
