India And Japan Near Free Trade Deal

Law360, New York (October 12, 2010, 3:21 PM EDT) -- India's cabinet on Tuesday reportedly greenlighted a bilateral free-trade deal with Japan that would cut out tariffs on most goods flowing between the two countries.

"The cabinet has cleared it," government spokeswoman Neelam Kapoor said, according to a Reuters report. The deal will likely be finalized when Indian Prime Minister Manmohan Singh visits Japan later in the month, according to the report.

The free trade deal they have inked would eliminate tariffs on 90 percent of exports to India and 97 percent of imports from India...
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