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Zona Libre de Colón

Also spelled: la Zona Libre · ZLC

Definition

A free-trade zone established in 1948 in the city of Colón, the largest in the Western Hemisphere and among the largest in the world. A re-export hub serving all of Latin America.

Example

They buy in the Zona Libre and resell in South America.Compran en la Zona Libre y revenden en Sudamérica.

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Draft entry: seeded from public sources and pending editorial verification.

Where it is used: Colón
Currency: in use today
Origin: Creada por ley en 1948.

More entries from Colón

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More in History

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