Under the revised investment rules, automakers will need to commit to producing at least 40% of the content of EVs in Indonesia by 2026 to qualify for incentives.
The Chinese Foreign Affairs Ministry said it was dissatisfied with the order and strongly opposed the U.S.’s new investment strategy in an August 10 statement.
A monitoring committee composed of the kingdom and other key OPEC+ nations recommended no changes to the coalition’s supply policy during an August 4 online meeting.
Congress is finally acting to address the severe shortage of critical pharmaceutical drugs, a crisis long in the making that was laid bare by the COVID-19 pandemic.