The cabinet yesterday approved industrial incentives aimed at increasing investments, while ramping up local manufacturing as part of a broader localization push, according to a post on Linkedin. The details will be announced on Sunday, 12 January.

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The cabinet also approved a handful of other agreements including:

  • A potential MoU with Brunei on youth and sports cooperation;
  • A potential agreement with Kyrgyzstan on mutual recognition of driving licenses;
  • Environmental cooperation agreements with Cuba and a potential agriculture agreement with Brazil;
  • A potential geological cooperation with Iraq;
  • A legal cooperation agreement with Singapore.

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