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Question: Dr. Vaknin – is it true that you are the father of the Law of Free Economic Zones? Answer: I participated in the dedicated and professional team, from many ministries and state organs, which prepared the law. The initiative – in collaboration with the delegation of the government of the Republic of China (Taiwan) – belongs to Dr. Milijana Danevska, the Minister of Development. Most of the work was done by her advisor, Ms. Zorica Doncevska long before I arrived on the scene. I did suggest a few amendments, some of which were accepted. Question: What is a free zone? Answer: There is an important distinction which the media is not aware of between FREE ZONES and FREE ZONE SITES. To quote from the law: "A free zone site represents a detached, enclosed and marked area of the territory of the Republic of Macedonia on which commercial activities are conducted under conditions prescribed by this and other laws and on which custom and other tax incentives determined by this law shall be applicable." "A Free Zone shall be established as trade associations conducting economic, technical, administrative, expert and other activities supporting the operations in the free zone sites." Question: Do other countries have free zones? Answer: Dozens of other countries have free trade zones, free industrial zones, free industrial or technology parks, customs free zones, free transhipment zones and many other types of free economic zones. Our law allows for all these types of activities to exist. It is very broad and flexible and one of the best and most complete laws I have seen. As opposed to popular opinion, free zones exist even in rich countries such as the United Kingdom or the USA (although they are not called "free zones" there). It is true, though, that to poor and middle income countries, such as Macedonia, a free zone can be an important tool for economic development. Question: Why do you use such cautious language, "can be"? Answer: Because it is never enough to have a law. What matters is how it is implemented. There are free zones in countries as diverse as the Philippines, Tunisia, Costa Rica and Taiwan. In some places they are the engine of the economic locomotive, in other they are a drag on the local economy. Question: So, the critics are right, free zones can be a bad thing? Answer: The critics are wrong. Anything that has the potential of generating investments, encouraging entrepreneurship, creating new working places, enhancing exports and improving the balance of payments – should be implemented without delay. Free zones are potentially powerful economic engines of exports and growth and employment. Would it have been wise of us to ignore their potential? Question: Can't free zones be used as tax havens, for smuggling or other criminal activities? Answer: If the free zones are run by criminals AND (this is a cumulative condition) the authorities are inefficient or corrupt – of course it can. But our law is very strict on WHO will own and run the free zones. It is also very explicit about the precise functions and procedures to be performed by the authorities intended to ensure that the free zones are not abused. Free zones will be established only where and when they can increase employment, bring new technology and know how to the country and increase exports. An average of 65% of the goods and services produced in the zones MUST be exported or the developer might lose its licence. Additionally the law says that the businesses operating in the zone must use local manpower and prefer domestic suppliers where economically feasible. Question: What is the Free Zones Directorate? Answer: This is my favourite part of the law, the one I am most proud of. We introduced, for the first time in Macedonia, not only in theory, but in practice, the concept of "One Stop Shop". All the business entities in the free zone will have one address to go to. They will no longer have to run for weeks between ministries, authorities, agencies and state organs. They will get everything they need from one central authority, from one address. All the relevant ministries and state organs will be represented there, with full authority to render all the services required by the free zones users. This is unprecedented. The ministers are worthy of the highest praise for being willing to participate in such an innovative approach. The law says: "The Free Zone Directorate shall be responsible for… granting approvals of requests of developers for the establishment of free zones; provision of supervision and management of free zone sites through its branches; coordination of the activities of state organs and authorities and public enterprises within the free zone sites; planning and developing free zone sites and making sites available to developers; public relations, advertising and promotion of free zone sites; attracting developers and users to the free zone sites; registration of businesses and structures within the free zone sites; coordination of issuance of licenses, permits and approvals where and as needed, of product quality control and the issuance of certificates of origin by the members of the Directorate; Inspection of installations and working conditions within the free zone sites; convening a labour relations committee in which all labour disputes between employees and employers in the free zone sites are to be settled; the coordination of the issuance of export and import licenses; coordination of the prevention of smuggling; coordination of the safety and security of people and property in the free zones sites; Provision and maintenance of all public goods and utilities … conducting other activities associated with the functioning of free zone sites and especially the implementation of the "one stop shop" concept of management of the free zone sites; raising the required start-up capital." Question: So, from now on, any trade association can open a free zone? Answer: Absolutely not. The developer must satisfy very strict and rigorous criteria to qualify. The law demands that it "…provide written proof of their financial ability matching their financial obligations under this Law either in the form of a performance bond or a bank document substantiating the availability of unencumbered funds in their account or audited financial statements" and "demonstrate previous experience and track record in trading or in the operating of free zone sites". The developers, in their application, must provide an environmental impact assessment, a marketing plan and a business plan or a feasibility study. And the developer loses his approval if it enters bankruptcy procedures, if it is proven that he provided false material information in his request, If he failed to build and operate the free zone site in accordance with the stipulations of this Law or failed to submit one annual report. Additionally, the developer pays 0.3% of the total turnover of the business entities in his zones. I think these are relatively reasonable terms. It will also not be that easy for the developer to do in the zone something other than what he undertook to do. Almost every substantial change requires a new approval. The law states: "Each change of a free zone shall be subject to the procedure for the establishment of a free zone … "Change" in this law shall mean: enlargement of the approved free zone site area; change in location of the free zone site; new activities are to be conducted in the approved free zone; each change in the composition of the developers (addition of new developer, change of corporate structure, take over, merger, acquisition, etc.) of the free zone; change of the period for existence of the free zone. Question: Still, inside the zone – the developer is king. Actually, it is a kind of ex-territorial area, like an embassy? Answer: I want to say it once and for all (because I heard this argument before): A free zone is NOT an ex-territorial area. It is an integral and inseparable part of Macedonia. All the domestic laws of Macedonia apply there. It simply has different rates of customs and taxes. The over-riding status of the Macedonian domestic law is stated numerous times throughout the law. One example: Article 20 says: "Free zone developers shall enact rules or pose conditions (hereunder referred to as "developer rules") under which their free zone site will be operated and activities conducted, regulate internal order and prescribe separate measures for protection of the working and living conditions and the environment. BUT… The developer rules shall not contradict all the applicable laws of the Republic of Macedonia, including their by-laws and regulations and all the international obligations of the Republic of Macedonia…. AND The developer rules shall be announced in the Official Gazette of the Republic of Macedonia after the approval given by the Free zone Directorate." Question: Aren't we offering too much by way of tax incentives? Aren't the revenues lost by the state worth more than the free zone will ever generate? Answer: It is a very narrow point of view. Tax revenues are not the only thing we should consider. What about unemployment, technology transfers, export enhancement? These are invaluable in that they can revive the economy. Compared to other free zones in other countries, we are offering mid-way concessions. We are by no means too generous. Additionally, to qualify to receive the tax incentives, the user must satisfy certain annual export quotas. It must prove that it generated NEW activities, not merely transferred activities from "mainland" Macedonia to the free zone "island". It must show that it is not involved in criminal activities or bankruptcy procedures and so on. Only then is it eligible to enjoy the tax incentives. Question: Which are? Answer: The law says it best: "Free zone users meeting the terms as in article 21 of this law shall be exempted from: Sales tax on products within the free zone site except for those products sold for final consumption within the free zone; Sales tax and VAT on goods imported into the free zone site for production purposes and for performing other approved activities in the free zone; Sales tax on services provided in the free zone immediately linked with export of goods and services; Profit tax for a period of ten (10) years from the day of commencement of activities in the free zone; Property tax for a period of ten (10) years from the day of commencement of activities in the free zone; All taxes otherwise applicable to any transfer of property or rights thereof between developers and users within the free zone. Free zone users reinvesting in the capital assets of the free zone site shall be entitled to a reduced profit tax base for the amounts invested after the expiration of the 10-year period. Free zone users shall be exempted from paying participations (contributions), taxes and other duties pertaining to use of land for construction, connection to the water supply, sewerage, heating, gas and power supply networks. Free zone land may be leased to foreign investors for a period of fifty (50) years, with a possibility to extend the term to another twenty-five (25) years, pursuant to the law. The developers of the free zone shall have the full right to sublet or rent parts of the free zones or structures thereon or rights thereof to the users." Question: Are the economic activities within the free zone restricted? Answer: Every type of economic activity is allowed EXCEPT the activities explicitly forbidden by the law. These include: the trading of decayed, rotten, expired or infected goods or waste material detrimental to the environment or not fit for human or animal consumption; radioactive materials except those which are needed for industrial, medical and scientific research purposes under a valid license from the competent authorities; drugs, chemicals and biological materials and chemical and biochemical derivatives with the exception of those used in industrial, manufacturing, medicinal and pharmaceutical preparations, according to certificates issued by the Ministry of Health; arms, munitions, weapons and military explosives; goods or services which originate from countries or firms subject to boycotts, embargoes or blockades imposed by the competent national and international organs and authorities; goods or services that violate public morals, public defence, public safety and the security of the state; goods or services that violate the domestic laws and international treaties pertaining to intellectual and commercial property; practices, services and activities in contravention or violation of treaties, laws, regulations and directives regarding the protection of the environment in Macedonia. Free zone users may apply standards, technical and quality norms of the destination country when manufacturing goods in the free zone intended for export. Free zone users may set prices for their goods and services and will not be subject to laws and regulations pertaining to prices in the Republic of Macedonia. Question: Will workers' rights be protected in such an environment? Answer: Workers' rights are protected only by a good economy. In Macedonia, we have a lot of theoretical workers' rights. But the right to work is violated by mass unemployment and by gigantic wage and pension arrears. All the employers in the free zone shall sign a collective agreement with their employees. The collective agreement will oblige the employers and the employees to settle labour dispute through arbitration or mediation. The Directorate shall set up a labour relations committee to provide the employers and the employees with an arbitration and mediation mechanism. Question: Thank you very much. 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Genital herpes is a disease caused by Herpes Simplex-2 virus (HSV-2) and Herpes Simplex-1 virus (HSV-1). These viruses belong to the same group of viruses which causes chickenpox, shingles, mononucleosis and cold sores. Genital herpes is a recurring disease, which affects over genital area of a man. Penis and scrotum are the prime victims of HSV-2. Red appearance of affected skin and pain giving blisters over it are the common symptoms of genital herpes. This disease is not dangerous for human life but it gives a lot of psychological trauma. It also takes away some days of joy from you life because during its outbreak there is no possibility of having sex. The wide spread of genital herpes is clear from the fact that one among every five American is infected with HSV virus, either with type 1 or with type 2. In an infected person HSV virus remains dormant until it gets favorable condition for reproduction. The favorable conditions include lack of proper nutrient, weakening of immune system and infection of some other pathogens. In more than 90% case genital herpes is caused by HSV-2, when this parasite get favorable conditions it enters in skin cells and utilizes energy generated by the metabolic system of the cell. It increases its number many times within a short period of time and causes genital herpes. This is a contagious disease, which spreads because of close oral, anal, or genital contacts. Kissing, masturbation and sexual intercourse are activities responsible for the spread of this disease. This means if a man is infected with HSV, his sexual counterpart is also vulnerable to infection. Unfortunately, genital herpes is not curable but with proper treatment its outbreaks can be reduced. Valtrex is the only medication which helps in reduction of genital herpes outbreaks. Valtrex has Valacyclovir hydrochloride as its active ingredient. Inside human body, Valacyclovir HCL synthesizes into Acyclovir and Acyclovir is capable of performing antiviral action against HSV-1 and HSV-2. This action of Valtrex is oriented only on viruses because Acyclovir has affinity to Thymidine Kinase (TK) enzyme which is a part of HSV. Acyclovir with its action over TK enzyme inactivates hyper simplex viruses. Valtrex is an oral-prescription medication which should not be used without doctor’s prescription. The dosages of Valtrex and volume of dosages is fixed according to the severity of the disease and physical condition of an individual. When genital herpes is in its initial condition, 1gm Valtrex twice a day for 10 days is prescribed by the doctor. At recurring state of the disease, 500mg twice a day for three days is the prescribed volume of this medication. Headache, vomiting, dizziness, stomach pain and sore throat are some of the side effects, which one can come across while using Valtrex. The side-effects are mild and the probability of their occurrence is negligible. Therefore after doctor’s prescription and obeying suggestions given by the doctor, use of Valtrex is safe. Valtrex is easily available through an online order; this method of purchase brings Valtrex at your doorstep. Almost everyone finds this method of purchase convenient and relatively cheaper. vigrx store penis enhancement pic before and after does penis enlagement work penis enlargement program vimax buy penis enlargement pills enlargement free penis pill sample vigrx ingredient penis enlargement herb free pennis enlargement technique
Viagra, the anti-impotency medicine that made inroads into the pharmaceutical market after gaining approval from the Food And Drugs Administration, USA (FDA) on March 27, 1998 as a treatment of male erectile dysfunction is currently basking in eternal glory. But this time the drug is not on the focus for its heroic action against male erectile dysfunction but for its sheer brilliance in combating the deadly disease known as pulmonary hypertension. Well, from making the penis engorged with blood in the treatment of erectile dysfunction to redressing poor blood flow to the lungs caused by pulmonary hypertension, Viagra has indeed come a long way. It is really an incredible achievement for Viagra to be able to gain approval from FDA as a pulmonary hypertension cure. Guys! from now on if the consequences of pulmonary hypertension show off in your body, say, the vessels that supply blood to the lungs are constricted and as a result sufficient amount of blood fail to reach your lungs you no need to trouble yourself by worrying over it? Leave all your anxieties behind for as along as Viagra, the erectile dysfunction medicine is with you, you are fully protected and taken care of. You can rely on Viagra for the treatment of your pulmonary hypertension for the drug is clinically approved for the treatment of the malady. In a clinical experiment, 277 people afflicted with erectile dysfunction were selected from 25 countries and were administered with 20, 40 and 80 mg Viagra dosages. The treatment lasted for six weeks and after the period the patients were able to walk with more speediness and agility in comparison to those on placebo. Now, let’s shift to erectile dysfunction. Viagra efficacy against male erectile dysfunction or impotency is universally known and no need to elaborate on that. But what is more conspicuous is that in the treatment of both these diseases, Viagra evolves as a caretaker of the body for its meticulous action in restoring stability, health and as well as in healing all the wounds occurred to it. In your fight against both these ailments, Viagra unyieldingly tries to help you escape from the claws of suffering and pain and eventually emerges a definite winner. Having unraveled Viagra efficacy elaborately, now it is time to dwell at length on the proper way to administer Viagra to the system. Viagra, the anti-impotency drug is to be applied to the body by following a suitable procedure and only then impotency related worries would take a backseat in your life. To assure a speedy and quick recovery from the clutches of erectile dysfunction, start off with the lowest 25 mg Viagra dosage. Viagra can be taken with or without food also and the ideal moment of Viagra administration is 30 minutes to 4 hours before sexual intercourse. But the amount of dosages can be increased according to your body’s response towards Viagra. To add on, any modification in your Viagra treatment, if recommended by a physician, should be immediately followed.