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India and Japan agree to review 15-year-old bilateral trade agreement

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India has been pushing for a review of its trade agreement with Japan for several years, but progress was stalled due to resistance from the Japanese side. A significant step forward was made last month when the prime ministers of both nations agreed to revisit and modernize the pact. The two leaders acknowledged the need to make the agreement more relevant to current trade realities. Bilateral trade between India and Japan currently stands at $27.5 billion, with Indian exports accounting for approximately $6 billion of that figure.

Read the full story at Times of India

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