• Kyodo News

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Japan and Vietnam signed an economic partnership agreement Thursday, laying the ground for about 92 percent of their trade in value to be duty-free in 10 years.

The agreement, signed by Foreign Minister Hirofumi Nakasone and Vietnamese Industry and Trade Minister Vu Huy Hoang in Tokyo, will come into effect as early as next year after the two countries complete necessary domestic ratification procedures, according to Japanese officials.

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