• Kyodo

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The government decided Friday to implement a set of measures to strengthen the farm industry, in the face of competition with its European peers, after the Japan-EU free trade agreement is implemented.

The ruling Liberal Democratic Party seeks to allocate some ¥300 billion in the supplementary budget plan for fiscal 2017 to implement the steps, a source close to the matter said, as the cheese, pork, beef and timber industries, among others, will prepare for stiff competition following an agreement on the accord earlier this year.

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