Belarus is offering incentives including tax breaks to car companies willing to set up assembly plants in the country.


There are also reports that the government hopes that ultimately it may be able to create a national automaking plant.


Igor Rogozin, a government official, told reporters a decree issued by President Alexander Lukashenko would exempt any company starting up a plant from all income and excise taxes for three years.


“This long-awaited decree has been signed and will allow us to create new production capacity for cars in our country,” Rogozin told a news conference.

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