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Export Processing Zone




An Export processing zone or '''EPZ''' eases Tax and Labor restrictions and their primary purpose is to generate Export revenues in poor Developing Countries . EPZs are largely identical with ''' Free Trade Zone s'''.

In 2002 there were 43 million people working in about 3000 EPZs spanning 116 Countries producing Clothes , Shoe s, Sneakers , electronics, and Toy s.
The basic objectives of EPZs are to enhance foreign exchange earnings, develop export-oriented industries and to generate employment opportunities.