Shanghai Hosts World FZO Meeting

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Shanghai Hosts World FZO Meeting

UAE-- November 26, 2016-- China Shanghai (Pilot) Free Trade Zone recently hosted the Board Meeting of World FZO in Waigaoqiao Free Zone, one of the most significant free zone in the world. The meeting chaired by Dr. Mohammed Al Zarooni, Chairman of the World FZO, in the existence of Mr. Li Zhaojie, Board Member and Head of China Shanghai (Pilot) Open market Area and various other board participants representing different regions of the world. In this meeting, the Board supported the inclusion of 37 brand-new members to the ranks of the World FZO. This brings the total subscription of World FZO to 255 members from 63 nations.

Dr. Mohammed Al Zarooni, Chairman of the World Free Zone Organization stated: "The 37 brand-new complimentary areas are top-rate additions to our association community which can be found in line with the company's enthusiastic vision of collectively attending to future difficulties as well as allowing learning through knowledge sharing as the heart of sustainability and also success completely free zones moving forward. The World FZO will certainly continuously be the platform for enhancing the function of cost-free zones as key factors to socio-economic growth as well as sustainability and also to encourage international efforts to elevate the sector to brand-new degrees of quality as well as management."

The Board of Directors reviewed the report from the Chairman, the Chief Executive Officer as well as heads of committees. It likewise reviewed the 2017 budget and the election of directors at the next General Setting up Fulfilling in Cartagena, Columbia in May next year. Under the Articles of Organization, the members of the World FZO can choose their prospects to represent political election to the Board in the following General Assembly conference in May following year.

The board meeting program additionally consisted of an update of the past six months' activities consisting of information concerning 4 key tasks; The Free Zone of the Future campaign; The Free Zone Outlook record, The Safe Zone accreditation; as well as The Exec Education program.

The conference concluded with an agreement for the following Board conference to take place throughout the Third Yearly International Conference and Exhibit as well as on the side line of the General Setting up conference taking place in Cartagena, Colombia 3-5 May 2017.

The World FZO likewise arranged a workshop for Chinese Free Area's in Shanghai. The workshop was inaugurated by H.E. Zhang Wansheng, Vice President of China Open market Area and also Export Processing Zone Association.

Forty-five senior officials from 18 Free Zone's participated in the workshop which included a case study on DAFZA and on Georgia Free Trade Area in the US. The workshop also covered sessions on Innovation of Chinese Free Areas and also Next Generation of Free Areas.