GPA

JR Kyushu removed from WTO government procurement framework after IPO

The Japanese government announced on November 7, that JR Kyushu procurement will no longer fall under the WTO Agreement on Government Procurement (GPA). JR Kyushu which operates on the most southern Island was fully privatized, when the Japanese government sold its stock-holdings in an IPO conducted last month, which raised ¥416 billion.

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