Russia and Japan agreed on 30 economic cooperation projects

Japan's trade minister Hiroshige Seko met Russian officials on Wednesday and agreed to economic cooperation ahead of December summit
Russia and Japan agreed on 30  economic cooperation projects
04 November 10:56 2016 Print This Article

Russia and Japan will focus on about 30 economic cooperation projects ahead of the December summit, reports Interfax with reference to Japan’s trade minister Hiroshige Seko.

This week, Mr Seko met Russian officials in Moscow, including Economic Development Minister Alexei Ulyukayev. The two sides agreed to seek concrete progress before Russian President Vladimir Putin visits Japan in December 15, the Nikkei business daily reports on Friday.

They also agreed to map out plans for several governmental projects such as improving the urban environment in the southwestern city of Voronezh and training of Russian engineer by Nov 18, ahead of the Asia-Pacific Summit in Peru, the daily said.

Mr Seko and Russian Energy Minister Alexander Novak agreed to work together on oil and gas development and cooperation on decommissioning Japan’s disaster-hit Fukushima Daiichi nuclear reactor, the newspaper added.

Earlier this week, Reuters reported, citing sources, that Japan’s government is lobbing its firms to invest in Russian projects.

“Improving the economic relationship between Japan and Russia will of course be a major, important foundation for negotiating a peace treaty,” the Nikkei quoted Mr Seko as telling reporters in Moscow.

According to Reuters, Japanese government is trying hard to help secure a breakthrough in the territorial dispute over the Southern Kuriles when Japanese Prime Minister Shinzo Abe meet Mr Putin on December.

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