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Trade

Japan ratifies UK trade deal to take effect Jan. 1

Car companies and train makers to benefit from tariff cuts

The Japan-U.K. economic partnership agreement "ensures continuity for Japanese and British companies," Japanese Foreign Minister Toshimitsu Motegi says. (Nikkei montage)

TOKYO -- Japan's parliament on Friday completed ratification of a free trade deal with the U.K., a key move for supporting Japanese auto companies, railcar makers and other industrial groups through Britain's looming exit from the European Union.

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