• Kyodo

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The following is a gist of the main points related to Japan’s trade in the 12-country Trans-Pacific Partnership free trade agreement.

Japan will incrementally raise its tariff-free annual import quota for U.S. rice from 50,000 tons to 70,000 tons over 13 years, and for Australian rice from 6,000 tons to 8,400 tons, also over 13 years.

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