When the gains from global integration can be captured within a limited zone such as Hainan, governments may find it more efficient to confine liberalisation than extend it nationally.
Issued amid a West Asia war-induced energy crunch, the order now legally binds all entities controlling land, roads and housing societies to facilitate laying of pipelines.
The countries signed a memorandum for co-development of UNICORN masts in November 2024. India has been second Asian nation to have such an agreement with Tokyo, after Philippines.
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