Hogan Lovells Advises on World Free Zones Organization
10 June 2014
DUBAI, 10 June 2014 - Hogan Lovells has advised on the establishment and launch of the World Free Zones Organization ("WFZO").
Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, the global launch and unveiling of the WFZO took place on the 19th May 2014 at the Emirates Towers Hotel in Dubai.
Hogan Lovells' team, led by Lewis E. Leibowitz (Washington D.C.) and Warren Thomson (Dubai), with assistance from Mikael Samela (Paris), Jessica Garestier (Paris), Anna Elshafei (Shanghai), Vicky Liu (Beijing), Anne Fisher (Washington, D.C.) and Elizabeth M. Hamelin (Northern Virginia/Washington D.C.), was a key advisor to the WFZO, its Steering Committee and Board of Directors on the association's establishment and organization, coordinating with local counsel in Geneva and providing advice and assistance not only in Switzerland and the UAE, but across numerous jurisdictions around the world as part of the establishment process, including the United States, Nigeria, France, China and Morocco.
Hogan Lovells will continue to be a key advisor to the WFZO following the launch, as legal counsel to the association, its Board of Directors and its various committees. The Hogan Lovells team has extensive experience working on international trade and Free Zone matters and advising Free Zones, Free Zone authorities and both regional and local associations on a global basis.
Commenting on the launch, Lewis Leibowitz, Of Counsel, said:
"We are pleased and privileged to have played a role in the establishment of this very important global organization encouraging trade expansion and the rule of law and look forward to continued involvement with this exciting project."
The WFZO is a new non-profit entity operating as an association for all Free Zones around the world, and is set to transform the way in which many economies around the world operate. Established in Geneva, Switzerland and headquartered in the Dubai Airport Freezone in the United Arab Emirates, the WFZO will provide global leadership in knowledge of Free Zones, enhance public knowledge and the perception of Free Zones, provide a range of services for its members and the community. The WFZO also aims to increase awareness of the advantages of Free Zones in terms of economic and social development, foreign and direct investment.
The WFZO is open to all member nations of the United Nations, and comprises representatives of established Free Zones as well as local, regional and international Free Zone associations from across the world.
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Where case studies are included, results achieved do not guarantee similar outcomes for other clients
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