Foreign trade zones (or free ports)

Bibliographic data

Monograph

Identifikator:: 1801857903

URN:: urn:nbn:de:zbw-retromon-199077

Document type:: Monograph

Title:: Foreign trade zones (or free ports)

Place of publication:: Washington

Publisher:: United States Government Printing Off.

Year of publication:: 1929

Scope:: IX, 322 S; Ill., graph. Darst

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Part 1. General analysis

Collection:: Economics Books

FOREIGN TRADE ZONES local commercial, financial, and shipping interests. But in practically all cases the regulations and charges are prescribed or approved by competent authority. In some ports the operating agency is a “Consortium” or commission consisting of representatives of the State or municipality, while in still others the central government exercises control either through a local commissioner or board. The following information relative to the administration of the free ports of Europe will make apparent the purpose of the European Govern- ments to make the free port attractive to commerce and shipping. Copenhagen. —The general regulations governing operations in the free port are set forth in the “Rules for the administration of the free port,” promulgated by the Ministry for Public Works under date of October 19, 1894. The Copenhagen Free Port Co. exercises the powers granted under its charter through a board of directors, consisting of seven members, two of whom are appointed by the Government in authority with regard to harbor matters, two by the Copenhagen Harbor Board from among it own members, and the remainder elected by the general meeting of the shareholders, share- holding in the company being a necessary qualification. The opera- tions are directed by a general manager assisted by a chief engineer. The sanction of the Minister for Public Works must be obtained for the appointment of the managing director. All leases entered upon between the company and private persons or firms with regard to the erection of buildings for industrial purposes on the territory of the free port, and all rules and regulations regarding the management of the free port, or any departure from the fixed rules and regulations must be sanctioned by the Ministry for Public Works. The Ministry for Public Works fixes the rates charged by the Free Port Co., includ- ing those for electricity for light and power supplied by the company to leaseholders within the free port, which rates can not be departed from without the consent of the ministry in question. In compiling statistics of traffic of the free port, the company has to comply with the regulations laid down by the Ministry for Public Works. The customs authorities exercise control over the exits from and entrances to the free port, both by land and water, but in no way interfere with the loading or discharging, repacking, or transshipment of goods inside the confines of the free port. Stockholm.—The free port was constructed by the city of Stockholm. The port is not operated by the city, but is leased to a municipal corporation, the Stockholms Frihamns A/B, of which the city of Stockholm owns the entire capital stock. It is a limited company consisting exclusively of merchants and leading shipowners resident at Stockholm. By means of this form of administration, a purely municipal working organization has been avoided. The traffic and storing of goods are regulated according to instructions contained in 32

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