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The Liberal Democratic Party and New Komeito reached policy agreements in five key areas Friday, bringing the second-largest opposition party a step closer to the coalition government, officials of the two parties said.

Yukihiko Ikeda, the ruling party’s policy affairs chief, and his New Komeito counterpart, Chikara Sakaguchi, exchanged a written memorandum on the policy accord, which covered the economy, social security, national security, education and the environmental.

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