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Monday, 3 April 2017

Tuk-tuks assembled in free zones banned from entering local market, to be exported only

Tuk-tuks assembled in free trade zones will no longer be admitted into the local market and must be exported, an unnamed Customs Authority official told Al Borsa on Sunday. The ban is meant to close a loophole that allows free zone manufacturers to benefit from perks meant primarily for exports. Trade and Industry Minister Tarek Kabil reportedly issued the decision on Saturday.

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