SEOUL: A major association for South Korea’s car industry has sent a letter to the US House of Representatives and requested changes in tax incentives proposed under a major climate change and energy bill, stressing that they could put South Korean carmakers on an unequal footing.
The Korea Automobile Manufacturers Association (KAMA) said that it delivered the concerns regarding the tax breaks in the Inflation Reduction Act, pending the House’s approval, in the letter sent to US House Speaker Nancy Pelosi.
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