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Govt. Reregulates Four or More Wheeled Motor-Vehicle Industry

In a bid to improve the investment climate, as well as to develop an independent four or more wheeled motor-vehicle industry which will be capable of competing within the global marketplace, [1] the Ministry of Industry (“Ministry”) has issued Regulation No. 34/M-IND/PER/9/2017 on Four or More Wheeled Motor-Vehicle Industry (“Regulation 34/2017”), which addresses the following matters:

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