English version

local content

From Longman Business Dictionarylocal contentˌlocal ˈcontent [uncountable] (also domestic content)MANUFACTURINGLAW when a foreign company makes products in a country, the materials, parts etc that have been made in that country rather than imported. A minimum level of local content is sometimes a requirement under trade laws when giving foreign companies the right to manufacture in a particular placeThe car will have 60% local content. content
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