KUALA LUMPUR: Malaysia will eliminate or reduce tariffs on almost all products traded with Japan within 10 years, including automotive and automotive parts following the signing of a bilateral free trade agreement with Japan, Malaysia's first-ever such deal.
The progressive elimination or reduction of tariffs on 97% of trade is included in the Japan-Malaysia Economic Partnership Agreement (JMEPA) signed by the two countries on the sidelines of the Asean-Japan Summit here yesterday.
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