Sunday, 18 August 2013

Japan planning to cut tariffs on about 80% items in TPP free trade talks

Japanese government officials are planning to propose cutting tariffs on about 80 percent of items in the coming Trans-Pacific Partnership free trade talks.
The officials are drawing up a list from around 9,000 agricultural and industrial products, ahead of the new round of TPP talks starting on August 22 in Brunei.The negotiators are also planning to say that Japan is "undecided" on whether to agree to abolish tariffs on 5 key farm products, including rice and wheat.

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