U.S. and Japan Reach Electronic Commerce Agreement
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Prime Minister Hashimoto and President Clinton reached an agreement at the G-8 Summit that electronic communication and financial transactions over the Internet should be "duty-free." Both leaders concurred that their countries should support the development of a global policy that would keep electronic commerce free of tariffs, and encourage private industry to self-regulate such commerce.
© 1998 Paul, Hastings, Janofsky & Walker LLP
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