A second customs site at Freeport East has been formally designated as a free zone under UK customs legislation. Free zones allow businesses to store and process goods without paying import duties until they enter the wider UK market, reducing cash flow costs. This designation enables the freeport to expand its customs facilities and accommodate additional commercial operations seeking preferential tariff treatment. The order activates the new customs site designation from 2026 onwards.
Source: legislation.gov.uk – Read the original