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of <h1>FTWZs Boost Trade Efficiency with Duty-Free Imports and Exports Under SEZ Act 2005, Promoting Economic Growth</h1> Free Trade and Warehousing Zones (FTWZ) are regulated under the SEZ Act 2005 and its associated rules. These zones are integral to the Foreign Trade Policy (2004-09), specifically updated in 2008, facilitating trade by allowing duty-free import and export of goods. The policy aims to enhance trade efficiency by providing tax benefits and regulatory relaxations within these zones, thereby promoting economic growth and international trade.
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