The law established national rules intended to support private enterprises, including fair market access and protection of property and business rights. It codified the private sector’s role within the socialist market economy after years of regulatory uncertainty, while leaving enforcement and equal treatment as practical tests.
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Eventonan Relashoná
What is the Private Economy Promotion Law intended to do?
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Splikashon
The law codified support for private firms; implementation and equal treatment are key tests.
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