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Improving Export Incentives and the Free Zone System in Syria

This paper aims to review the export incentives currently implemented in Syria including the free zone system, identify the main weaknesses, and suggest measures to strengthen them. In particular, drawing on the best practices around the world, it...

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Bibliographic Details
Main Author: Yagci, Fahrettin
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
ADMINISTRATIVE PROCEDURES
ADVERSE IMPACT
AIRPORT
AUDITS
BENEFICIARY
BOND
BONDED WAREHOUSES
CARS
COMPETITIVENESS INDEX
CREDIBILITY
CUSTOMS
CUSTOMS ADMINISTRATION
CUSTOMS AUTHORITIES
CUSTOMS DUTIES
CUSTOMS PROCEDURES
CUSTOMS TERRITORY
DEVELOPING COUNTRIES
DEVELOPMENT PROJECTS
DOMESTIC MARKET
DRINKING WATER
ENVIRONMENTAL
EXCISE TAXES
EXPORT COMPETITIVENESS
EXPORT DIVERSIFICATION
EXPORT GROWTH
EXPORT INCENTIVE
EXPORT INCENTIVES
EXPORT MARKET
EXPORT PROCEDURES
EXPORT PROCESSING
EXPORT PROCESSING ZONE
EXPORT PROCESSING ZONES
EXPORT PROMOTION
EXPORT SALES
EXPORT SECTOR
EXPORTERS
EXPORTS
FINANCIAL INCENTIVES
FINANCIAL MARKET
FISCAL BURDEN
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN MARKETS
FRAUD
FRAUDULENT TRANSACTIONS
FREE IMPORTATION
FREE IMPORTS
FREE PORTS
FREE TRADE
FREE TRADE ZONES
FREE ZONE
FREE ZONES
GLOBAL ECONOMY
GLOBAL TRADE
HOST COUNTRIES
HOST COUNTRY
IMPORT COMPETITION
IMPORT DUTIES
IMPORT DUTY
IMPORT REGIME
IMPORTS
INCOME TAX
INDUSTRIALIZATION
INSTRUMENT
INTERMEDIATE INPUTS
INTERNATIONAL AIRPORT
INTERNATIONAL MARKETS
INVESTMENT CLIMATE
ISSUANCE
LABOR FORCE
LABOR MARKET
LABOR STANDARDS
LACK OF TRANSPARENCY
LEVIES
LIABILITY
LOCAL ECONOMY
LOCAL MARKET
MARKET EFFICIENCY
MARKET SIZE
MOST FAVORED NATION
NATIONAL ECONOMY
NON-TARIFF BARRIERS
OIL
OIL SECTOR
PHYSICAL SECURITY
POLICY ENVIRONMENT
POST OFFICES
PREFERENTIAL TREATMENT
QUALITY OF TRANSPORT
QUALITY OF TRANSPORT SERVICES
RAILROADS
REGULATORY FRAMEWORKS
RISK MANAGEMENT
ROAD
ROADS
STREETS
TAX
TAX EXEMPTION
TAX EXEMPTIONS
TAX POLICIES
TECHNICAL ASSISTANCE
TRADE FACILITATION
TRADE LOGISTICS
TRADE POLICY
TRADE POLICY REFORM
TRADE REFORMS
TRADE REGIME
TRADE ROUTES
TRANSACTION
TRANSACTION COSTS
TRANSIT
TRANSIT TRADE
TRANSITION COUNTRIES
TRANSPARENCY
TRANSPORTATION
TRANSPORTATION NETWORKS
TRIPS
VALUE ADDED
WAREHOUSE
WORLD TRADE
WTO
Online Access:http://documents.worldbank.org/curated/en/2010/06/16282009/improving-export-incentives-free-zone-system-syria
http://hdl.handle.net/10986/12570
Description
Summary:This paper aims to review the export incentives currently implemented in Syria including the free zone system, identify the main weaknesses, and suggest measures to strengthen them. In particular, drawing on the best practices around the world, it explores ways to introduce a duty and tax relief scheme, manufacturing under bond arrangements, and an export processing zone system in Syria's trade regime, and to re-orient the free zones to maximize their contribution to the Syrian economy. The rest of the paper is organized as follows: section two makes a case for development of an effective export incentive system to eliminate the anti-export bias in Syria's trade regime and foster its international competitiveness. Section three provides a summary of the main instruments of export incentives that are widely used worldwide and will be appropriate for Syria to implement. Section four reviews the export incentives currently implemented and identify its weaknesses. Based on the discussions in sections three and four, section five suggests options for Syria to strengthen its export incentive policies. The final section presents the main conclusions and proposes steps for moving forward.

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