The story
It was created under the military government of Chile (1973–1990) of Augusto Pinochet on June 25 of 1975, and zone by Ordonnance, in order to support the economic development of the area, as far as jobs and economic integration is about.
It has become an important center of trade in foreign countries in the region as Argentina, Brazil, Paraguay, Peru and Bolivia. Its strategic location allows it to be the entrance and exit to products that make trade between the Mercosur, Latin America, and Asia.
The ZOFRI administration, by law transfers the equivalent of 15% of its revenue to municipalities in the Tarapacá Region and Arica y Parinacota Region.
From Wikipedia’s article on Free Zone of Iquique, shared under CC BY-SA 4.0.3
