Russian, Japanese companies discussing concrete projects — official

Business & Economy February 10, 2015, 10:14

The Russian Deputy Minister of Economic Development, Stanislav Voskresensky, did not go into details of the projects under discussion but said the sides were eyeing dates for their implementation

TOKYO, February 10. /TASS/. Russian and Japanese business executives are holding precisely targeted discussions of concrete projects and setting the deadlines for their implementation, the Russian Deputy Minister of Economic Development, Stanislav Voskresensky told TASS on Tuesday.

He is taking part in a major Russian-Japanese business conference.

"In the course of our business mission, we’ve already met with top executives of all the largest trading corporations in Japan," Voskresensky said. "The talks have been well-specified and meaty everywhere and have been devoted to concrete projects."

He did not go into details of the projects under discussion but said the sides were eyeing dates for their implementation.

"You’ll hear about some of them already before yearend," Vosrkesensky said.

As he spoke at the opening of the conference earlier on Tuesday he said the moment was right now for launching new projects in Russia.

"We’re open for foreign investors and investments from Pacific Asia are a special priority for us now," Voskresensky said.

A Russian delegation comprising executives of major companies from diverse branches of the economy and especially from the energy sector, mechanical engineering and public health is in Tokyo. It is led by Alexey Repik, the president of Delovaya Rossiya business association.

"The task of the mission is to tap new points of growth where our countries might be interested in cooperation with each other," he said. "We also hope to move over from the trade format, which is less lucrative now, to collaboration in the field of investment.".

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