41.   During the meeting in June, senior delegates said Japan was trying to opt out of specific tariff reductions in the fisheries and forestry sectors.

42.   GSP allows tariff reductions for certain products.

43.   It has agreed to accept tariff reductions in nine product categories under a proposed APEC trade liberalization package.

44.   Japan, which has just fallen into full-blown recession, said it is committed to accelerating trade liberalization, including tariff reductions.

45.   Japan, which has just fallen into full-blown recession, said Sunday it was committed to accelerating trade liberalization, including tariff reductions.

46.   Liu noted steps China had taken to strengthen regulation of its banking industry and to open markets through tariff reductions.

47.   Manufacturers complained that the schedule was too fast and petitioned government for a slowdown in tariff reduction.

48.   Nasim said SAARC plan of action on telecommunications included telecom tariff reduction to the lowest level feasible within the framework of cost-oriented intra-regional tariffs.

49.   Taiwan agreed to the tariff reductions and made other concessions to reduce trade barriers as part of its bid to join the World Trade Organization.

50.   Some officials suggested smaller nations should be given greater flexibility in phasing in tariff reductions.