In 2021, the Minister of Industry (“ Minister ”) introduced Regulation No. 18 of 2021 (“ Regulation 18/2021 ”) on the Program for the Restructuring of Machinery and/or Equipment for the Fabric Finishing Industry and Fabric Printing Industry (“ Restructuring ”). As its title suggests, Regulation 18/2021 set out the applicable prerequisites for the implementation of Restructuring.
Future-Proofing Textile Industries: Expanding Eligible Participants for Machinery Restructuring Program
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