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Sanctions not affecting cooperation with Japan — Russian deputy PM

October 05, 2015, 8:53 UTC+3 TOKYO
Tokyo hosted on Monday the 5th meeting of the Russian-Japanese consultation council on modernization of the Russian economy
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© ITAR-TASS/Yuriy Smituk

TOKYO, October 5. /TASS/. Anti-Russian sanctions have almost no effect on Moscow's cooperation with Tokyo, Russian Deputy Prime Minister Arkady Dvorkovich said after a meeting of the Russian-Japanese consultative council on modernization of Russia’s economy in the Japanese capital.

"The sanctions have no importance for all the projects that were discussed today. Sometimes there are difficulties with financing the projects, that’s why not all the Japanese banks may participate in the Russian projects due to sanctions. But there are alternative ways of financing, everyone also knows them," Dvorkovich said.

Speaking on whether the sanctions against Moscow over the Ukrainian crisis affect the Russian-Japanese cooperation, Dvorkovich said: "Almost no." "We saw no direct impact. Only some changes in the structure of financing several projects," he added.

Tokyo hosted on Monday the 5th meeting of the Russian-Japanese consultation council on modernization of the Russian economy. The deputy prime minister represented the Russian side. Japan was represented by its Ambassador to Russia Tikahito Harada. The council also features major businesses of the two countries.

Medicine, agriculture are top directions of cooperation with Japan

Medicine, agriculture, urban development and infrastructures are top directions of cooperation between Russia and Japan, Russia’s Deputy Prime Minister Arkady Dvorkovich said.

"Today, we have focused on less traditional sectors, namely - medicine, agriculture and urban development and infrastructures," he said. "Those projects now are top directions even above the energy and fuel complex, which are traditional for our cooperation."

Tokyo hosted on Monday the 5th meeting of the Russian-Japanese consultation council on modernisation of the Russian economy. The deputy prime minister represented the Russian side. Japan was represented by its Ambassador to Russia Tikahito Harada. The council also features major businesses of the two countries.

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