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What benefits will the establishment of a free trade zone between China and Iceland bring to domestic companies?
1. Goods exported to Iceland can enjoy tax reductions and exemptions in the importing country
2. Goods imported from Iceland also have reduced tax rates
3 . Promote the survival of the fittest of local enterprises and increase the research and development of local enterprises in technology and other aspects
4. Reduce the inspection and quarantine costs for import and export of both parties
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