ANNOUNCED AS TEMPORARYNo
Order No.954-p of 18 May 2016 introduces a plan of interventions without concrete monetary allocations that target the technical equipment and modernisation of the local chemical and petrochemical industry up to 2030.
The set of state initiatives planned to be introduced as part of this plan can be summarised in the following categories:
The foreseen state interventions that are likely to affect foreign commercial interests are:
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
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