free port

noun
1.
a port or special section of a port where goods may be unloaded, stored, and shipped without payment of customs duties.
2.
a port open under equal conditions to all traders.

Origin:
1705–15

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
free port
 
n
1.  a port open to all commercial vessels on equal terms
2.  Also called: free zone a zone adjoining a port that permits the duty-free entry of foreign goods intended for re-export

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Example sentences
The capital of this resource-poor nation profits as a regional banking center with a free port and modern air facilities.
Macau is a free port with no import tariffs or other taxes on imported products.
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