noun
LT Trade Agreement (1962); Memorandum Concerning Sino-Japanese Long-Term Comprehensive Trade
Historical term for a 1962 trade agreement between Japan and China, named after Liao Chengzhi and Takasaki Tatsunosuke. Used in historical and economic contexts.
LT貿易は、日中関係の正常化に先立つ重要な経済協定だった。
The LT Trade Agreement was an important economic pact that preceded the normalization of Japan-China relations.