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Pakistan's updated auto policy, requiring carmakers to export 12% of vehicle value, is likely to reignite WTO dispute with Japan
Pakistan's updated auto policy retains rules that Tokyo has already raised at the World Trade Organization, linking vehicle manufacturers' export performance to licensing and concessions on imported vehicle parts. Experts suggest Chinese makers are set to benefit from the strict export targets.
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24H Trending
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ZEC (Zcash) is up 6.26% over the past 4 hours, currently trading at $1,330.13.
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The Shanghai Composite Index fell 1.06% from its previous close, currently trading at 3,650.85.
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The Nikkei 225 Index fell 5.76% from its previous close, currently trading at 57,557.09.
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Taiwan Stock Exchange Weighted Index fell 6.11% from its previous close, currently trading at 39,032.95.
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South Korea's KOSPI index fell 5.48% from its previous close, currently standing at 5,088.79.
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AUD/USD fell 0.89% from its previous close, currently trading at 0.6946.
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