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Japan, New Zealand press for open markets to boost recovery
KUALA LUMPUR – Leaders from Japan and New Zealand on Friday warned countries against the temptation of retreating into trade protectionism, saying that keeping markets open is the way to restore a global economy battered by the COVID-19 pandemic.Speaking by video link from Tokyo to a meeting of Asia-Pacific CEOs, Japan's Prime Minister Yoshihide Suga said a “free and open Indo-Pacific will be the cornerstone for the prosperity of this region."Japan and 14 other Asian neighbors on Sunday signed the world’s largest free trade agreement, the Regional Comprehensive Economic Partnership.