Hainan Adds New Free Trade Zone (Port) Partner

发布时间：2025-05-21 12:11:24

原标题：Hainan Adds New Free Trade Zone (Port) Partner

The Foreign Affairs Office of Hainan Province and the Dubai International Free Zone Authority of the United Arab Emirates signed a Memorandum of Understanding (MOU) in Dubai on May 18, 2025. The agreement, officially titled Memorandum of Understanding between the Foreign Affairs Office of Hainan Province of the People’s Republic of China and International Free Zone Authority of the United Arab Emirates on the Establishment of Friendly and Cooperative Relations for Free Trade Zones/Ports, marks the Dubai International Free Zone as the 39th global free trade zone/port (FTZ/FTP) partner of the Hainan Free Trade Port. This partnership further expands Hainan’s international FTZ/FTP collaboration network, enhances its role as a global trade and logistics hub, and supports its efforts to establish a high-standard international free trade zone system in the year it launches special customs operations. The MOU was jointly signed by Dai Zhen, Director-General of the Foreign Affairs Office of Hainan Province, and Martin Pedersen, Chairman of the Dubai International Free Zone Authority.

According to the MOU, both parties will promote and coordinate efforts across relevant departments to leverage their respective advantages in policy frameworks, geographic location, and industrial capacity. The agreement calls for cross-border and cross-zone cooperation on industrial park development and aims to build resilient FTZ/FTP-centered industrial, supply, value, and innovation chains. It also encourages practical collaboration in investment, trade, information technology, and other emerging sectors with significant development potential.

The Dubai International Free Zone is Hainan’s third FTZ/FTP partner in the region. In the past two years, both the Jebel Ali Free Zone in Dubai and the Khalifa Economic Zones in Abu Dhabi have officially joined Hainan’s global free trade partner network.