The government vows that freeports will represent “hubs of enterprise which will allow places to carry out business inside a country’s land border but where different customs rules apply”. The creation of freeports are a central component of Prime Minister Boris Johnson’s government to facilitate global trade and promote regional regeneration in the post-Brexit era.
With Brexit, London will have more flexibility regarding the concessions it can offer businesses operating in freeports.
The government vows to create freeports in the devolved regions but faces the difficult task of cooperating with the devolved governments.
Some poorer regions will miss out on freeports, which could leave them even more deprived and stoke local resentment against London.
