Free trade agreement lifts tariffs on Japanese cars


  • Business
  • Thursday, 26 May 2005

Malaysia and Japan have sealed the principal accord of a free trade agreement (FTA) that includes the lifting of tariffs on Japanese cars, making them cheaper and more competitive in the local car market. 

The premiers of the two countries, Datuk Seri Abdullah Ahmad Badawi and Junichiro Koizumi, signed the agreement in Tokyo yesterday. 

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