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It is viewed to strengthen the economic cooperation between the two countries to facilitate and promote the free trans-border flow of goods, persons, services and capital.
JPEPA also aims to provide protection of intellectual property rights, controlling anti-competitive activities, improvement of the business environment as well as cooperation in fields of mutual interest, such as human resource development, financial services, information and communications technology, energy and environment, science and technology, trade and investment promotion, small and medium enterprises, tourism, transportation, and road development...
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