Soecial economic zone concept was first introduced which country
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Ireland
Special Economic Zone (SEZ) The first Export Processing Zone (EPZ) was set up in 1959 at Shannon, in Ireland. India is one of the first countries in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting export. India was inspired by China for setting up of SEZ.
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The Special Economic Zone (SEZ) policy in India first came into inception on April 1, 2000. The prime objective was to enhance foreign investment and provide an internationally competitive and hassle free environment for exports.
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