Japan’s Marubeni prepares agreements for signing at Eastern Economic Forum

Business & Economy August 31, 2016, 21:40

Russia will host the second Eastern Economic Forum from September 2 to 3

TOKYO, August 31. /TASS/. Japan’s Marubeni Corporation prepared a number of agreements to be signed with Russian partners at the second Eastern Economic Forum (EEF) in Vladivostok, Board Chairman of Marubeni and head of Japan-Russia economic committee of the Japan Business Federation Keidanren Teruo Asada told TASS in an interview on Wednesday.

"Marubeni, where I am the Board Chairman, plans to sign several documents aimed at subsequent implementation of promising issues under discussion together with partners from the Russian side," Asada said. Investments "may be fairly significant," he said, without mentioning exact amounts.

The company is interested "in expanding logistical infrastructure, including development of ports in the Far East, water lines and sewerage systems, garbage processing and medicine," Asada said. "We would also like to work in the sphere of enterprises upgrading related to productivity improvement and in petrochemical projects," the Board Chairman said.

Relations between Russia and Japan started quickly moving to a gate for a new level, Asada said. "I strongly hope the forthcoming Eastern Economic Forum will be the floor for constructive and open political dialog, contributing to expansion and broadening of mutually beneficial Russian-Japanese business, with a way to it passing through the Far East," he added.

Russia will host the second Eastern Economic Forum from September 2 to 3.

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