Bonded Logistics Services (Free trade zone) is a specific class of special economic zone. They are a geographic area where goods may be manufacture or reconfigured, and re-exported without the intervention of the customs authorities. Free-trade zones are organize around major seaports, international airports, and national frontiers—areas with many geographic advantages for trade. It is a region where a group of countries has agreed to reduce or eliminate trade barriers.
Free trade zones can also be define as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products.
