25-04-2013 10:58 AM | Japan

Gov't vows to bolster Japan's agriculture, eyeing TPP talks

TOKYO, April 23 (Kyodo) _ The government said Tuesday that it will take steps to bolster Japan's abating agriculture industry, such as boosting crop exports and promoting intensive farming, with an eye on the country's entry into talks on the U.S.-led tariff-cutting pact.

The decision came amid lingering concerns that participation in the Trans-Pacific Partnership free trade could trigger an influx of cheaper farming products from overseas under lowered tariffs, severely damaging Japan's heavily protected agricultural sector.

To brush off the fear, Prime Minister Shinzo Abe's government, which has promised to craft its economic growth strategies by June, aims to foster agricultural productivity at home and enhance global competitiveness in the field by opening up new markets abroad.
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