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Fisheries minister Hirotaka Akamatsu on Tuesday dispelled public concerns fueled by an international tuna conservation body’s decision to cut the annual tuna catch, saying Japan has ample stocks of frozen tuna due to the recession.

“I want people to know that there is no reason to fear tuna prices will spike or that the inventories of tuna will run out,” the minister of agriculture, forestry and fisheries said at a news conference.

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