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

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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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