Luis Manuel Pellerano has been elected first vice president of the newly created World Free Zone Organization (World FZO). Pellerano is a past president of the Dominican Free Zones Association.
World FZO seeks to “transform the way in which many economies around the world operate”. The launch of the new global non-profit organization that brings together all free zones around the world took place in Dubai, United Arab Emirates. While it was established in 2013 in Geneva, it will be headquartered in the Dubai Airport Freezone. It seeks also to enhance public and general knowledge and the perception of free zones, and will help to increase awareness of the advantages of free zones in terms of economic and social development, foreign and direct investment.
UAE-based Dr Mohammed Alzarooni will be the chairperson of World FZO, which also includes officials from the Dominican Republic (Luis Manuel Pellerano), India and Ireland.