In order to improve market access for imports from the least-developed countries, the Ministry of International Trade and Industry has decided to increase from April the number of industrial products to which preferential duties are applied, the ministry announced Tuesday.
MITI plans to add some 350 items to the list of industrial products exempted from tariffs. At the same time, the ministry plans to expand the number of least-developed countries eligible for the preferential measure from the current 42 to 48.
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