Japan to Halt Economic Cooperation with Russia

Politics

Tokyo, March 11 (Jiji Press)--Japan will suspend economic cooperation with Russia based on a bilateral agreement, in response to its invasion of Ukraine, Chief Cabinet Secretary Hirokazu Matsuno said Friday.

"We'll put (the cooperation) on hold for the time being," Matsuno told a Cabinet Committee meeting at the House of Representatives, the lower chamber of the parliament.

"We'll handle the matter based on international discussions with energy supply stability and humanitarian considerations in mind," he added.

The two countries agreed on an eight-point plan on economic and civilian cooperation. It was proposed by then Japanese Prime Minster Shinzo Abe to Russian President Vladimir Putin at their meeting in the southern Russian city of Sochi in May 2016.

The plan includes projects for cooperation to promote energy development and improve Russia's medical levels.

[Copyright The Jiji Press, Ltd.]

Jiji Press