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UNIT 4

FREE ZONES

Exercise 16. Read the text and answer the following questions.

  1. What procedure is applicable to goods which are intended to remain permanently outside the Customs territory?

  1. Are import duties and taxes paid for the goods stored under Customs control?

  2. When is refund made in respect of the import taxes charged on the goods?

  1. What are the conditions under which goods brought into a country can be relieved from payment of import duties?

  1. What happens to goods that are temporarily exported?

  2. What are free zones?

  3. What is the difference between commercial and industrial free zones?

  4. What is the Kyoto Convention devoted to?

  5. What does the Kyoto Convention enable countries to do?

10. What opportunities are provided due to the Kyoto Convention?

Exercise 17. Name two things (facts) from the text which are new to you.

Exercise 18. Present your views to the class on the most important Customs procedures for Russia.

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DID YOU KNOW ?

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