JAPAN APPROVES RATIFICATION OF THE WORLD’S LARGEST FREE TRADE BILL

Highlights –

• Japan approves ratification of the world’s largest free trade bill.
• The trade deal was signed last year by 15 Asia-Pacific countries including China.
• The trade deal is said to eliminate tariffs on 91 percent of goods and set common rules on investment.
• The deal will also eliminate tariffs on intellectual property and e-commerce.

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