Japanese Economic Cooperation with Russia Seen Reaching ¥300 Billion (News)


Tokyo, Dec. 16 (Jiji Press)—Japanese economic cooperation with Russia under an eight-point proposal made by Prime Minister Abe Shinzō in May is seen totaling some ¥300 billion covering over 60 projects, it was learned on Friday.

The envisioned cooperation was discussed on the day at a working session of a Japan-Russia business conference in Tokyo on the sidelines of a two-day bilateral summit in Japan from Thursday.

The previous such dialogue between the Japanese and Russian business communities took place in November 2012.

About 900 participants, mainly Japanese and Russian business people, subscribed to the Tokyo conference, including members of the Japan Business Federation, or Keidanren, the Japan Association for Trade with Russia and NIS (New Independent States) and the Russian Union of Industrialists and Entrepreneurs.

The working session covered such issues as port development in the Russian Far East to build a key regional export base, provision of advanced Japanese technologies and collaboration in the energy field including liquefied natural gas.

[Copyright The Jiji Press, Ltd.]

diplomacy Abe Shinzō Russia Jiji Press Northern Territories Vladimir Putin