Definition of free port in English:
1A port open to all traders.
- One of the first Latin American countries to open a free port, Paraguay became a centre of retail commerce of foreign goods, representing a substantial slice of its country's economy.
- Another 80 marines deployed to the free port of Monrovia to conduct engineering work needed to open the port to humanitarian relief.
- A new urban creation, the free port, challenged the old commercial and shipping powers.
1.1A port area where goods in transit are exempt from customs duty.
- The economy shifted to trade, and in 1724 Charlotte Amalie became a free port where goods were exempt from customs duties and regulation.
- A decree substantially enlarging the free port area, which is located along a 15 km stretch on both sides of the Daugava River, came into force this year.
- Nonetheless, when the city obtained the privileged tariff status of a free port in 1784, goods arriving from abroad at Bayonne rose by 60 per cent.
Definition of free port in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in Malaysia
Most popular in India
Most popular in Pakistan