Japan farmers worried over trans-Pacific trade pact taking effect
Kyodo -- Nov 01
Japanese farmers expressed concern Wednesday about an expected influx of imports and other effects of a trans-Pacific free trade agreement led by Japan that is set to enter into force on Dec. 30.

Australia said earlier in the day it has become the sixth nation to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, fulfilling the requirements for the 11-member tariff-cutting framework to take effect.

Japan, the leading economy in the deal, is one of the five other countries to have ratified it, along with Mexico, Singapore, New Zealand and Canada.

The members yet to finish domestic procedures are Brunei, Chile, Malaysia, Peru and Vietnam.

News source: Kyodo
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