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New Rules for Madeira Free Trade Zone Needed

The President of the Commercial and Industrial Association of Funchal (ACIF), Jorge Veiga França, defended today the need for a new regime for the Madeira Free Trade Zone with “clear” rules for investors.

“By the end of this year, we must have a workable solution to how the Free Trade Zone should evolve. We would not like to call it, as the Government says, regime 5, but rather the new regime of the Free Trade Zone,” said Jorge Veiga França.

“Let the rules be clearer so that we know how to move forward, as well as making them comprehensible and attractive to foreign investors.”

Samantha Gannon

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