Japan’s Mitsui to sign memorandum of cooperation with Russia's Ros Agro — media

Business & Economy December 15, 2016, 10:55

The document will be signed within the visit of Russian President Vladimir Putin to Japan

TOKYO, December 15. /TASS/. Japan's Mitsui & Co plans to sign a memorandum of understanding and cooperation with the farming group Ros Agro, which will allow it to make substantial investments in one of Russia’s biggest agricultural holdings, Nikkei newspaper reported Thursday.

The document will be signed within the visit of Russian President Vladimir Putin to Japan starting on Thursday, the report said. "Mitsui aims to offer operational know-how and Japanese agricultural technology to Ros Agro to boost sales in Russia and elsewhere in Asia," Nikkei wrote. The plan is to invest several billion yen in London-listed Ros Agro.

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