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Japan to set up pavilion devoted to cooperation with Russia at SPIEF

May 17, 2018, 9:38 UTC+3 TOKYO

A Japanese delegation of about 300 people, including heads of Japan’s leading companies, will arrive at SPIEF 2018

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TOKYO, May 17. /TASS/. A Japanese pavilion with an exposition devoted to the success and prospects of implementing a plan of eight items on the development of cooperation with Russia will be set up at the St. Petersburg International Economic Forum (SPIEF), a spokesperson for the Japan Association for Trade with Russia & NIS (ROTOBO) told TASS on Thursday.

"There will be hardly any expositions of isolated companies in the pavilion," he said. "It will be devoted to the implementation of a program of eight items which Japanese Prime Minister Shinzo Abe presented to Russian President Vladimir Putin in May 2016. More than 100 joint projects were studied under this plan during the last two years. Many of them already approached the level of contracts, and the potential of the two countries gives hope for further extension of cooperation."

"Various materials and video programs will be presented in the pavilion, and a bilateral seminar will be held there, as well as contacts and negotiations of business representatives and officials of the two countries," the ROTOBO official said.

A Japanese delegation of about 300 people, including heads of Japan’s leading companies, will arrive at SPIEF 2018. It will be headed by Japanese Prime Minister Shinzo Abe, who plans to deliver a speech at the forum. Japan will have the status of a guest country at SPIEF 2018.

A plan of eight items developed under Abe’s guidance served as a basis for development of economic cooperation between the two countries. The document envisages the consolidation of ties between Russia and Japan in the sphere of energy, small and medium businesses, the industrialization of the Far East and the extension of an export base. It also includes proposals to bolster cooperation in the sphere of advanced technologies, including the nuclear energy industry, and in the sphere of humanitarian exchanges. Tokyo regards the implementation of the program as an important element in moving towards the signing of a peace treaty with Moscow.

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