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Special Economic Zone Regulations for Parliament Soon

Prime Minister the Most Hon. Andrew Holness says regulations will be brought to Parliament in another two weeks to bring to life the special economic zones (SEZs).

Mr. Holness, who was addressing the opening of the inaugural Jamaica International Exhibition (JIE) Trade Show at the Montego Bay Convention Centre on June 1, said that while the regulations have been long in coming, it is a case where “we have to strike the right balance”.

“The legislation and the regulations will be business-friendly. However, we will also have to meet all the good governance requirements to ensure that our business is in line with our obligations for anti-corruption, for ensuring that our financial sector is solid and for ensuring that we cannot be penetrated for terrorism or used for other nefarious activities,” the Prime Minister emphasised.

Read more: http://jis.gov.jm/special-economic-zone-regulations-parliament-soon/

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