owever, there are growing concerns of FTZs worldwide being misused for illicit activities such as weapons proliferation, environmental crimes and trade-based money laundering. Measures were proposed in Parliament on Wednesday to keep pace with such evolving threats and the increasing sophistication of illegal actors. First, a licensing regime for FTZ operators will be implemented.
owever, there are growing concerns of FTZs worldwide being misused for illicit activities such as weapons proliferation, environmental crimes and trade-based money laundering. Measures were proposed in Parliament on Wednesday to keep pace with such evolving threats and the increasing sophistication of illegal actors. First, a licensing regime for FTZ operators will be implemented.
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