Economic cooperation of Russia and Japan - Politics | PoFo

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Under the leadership of Russian President Vladimir Putin and Japanese Prime Minister Shinzo Abe, economic cooperation between the two countries is developing rapidly.
The main areas of Japanese investment in Russia are: the fuel and energy complex, the mining of minerals, the production of automobiles and spare parts, and agriculture. Currently, there are about 270 companies with the participation of Japanese capital in Russia.
According to the Minister of Economy, Trade and Industry of Japan Hiroshige Sako, Japan intends to further develop economic relations with Russia, with special attention being paid to the Russian Far East. In this regard, the Japanese government asks Russian entrepreneurs to talk more about the possibilities of the Far Eastern region.
As examples of joint Russian-Japanese projects, Hiroshige Sako cited the opening of a Japanese rehabilitation center in Vladivostok, which has already enabled 2,400 Russian patients to use rehabilitation services based on the knowledge and experience of Japan, industrial production of motor vehicles and engines Mazda in TOR "Nadezhdinskaya" near Vladivostok.
It should be noted that in March this year, a special Russian-Japanese platform was created to support Japanese investment in the Far East. Its founders were the Bank of Japan for International Cooperation, the Agency for the Far East in attracting investment and supporting exports and the Development Fund for the Far East.
A number of projects with the participation of Japanese investors uses the support of the Territory of Advanced Development (TAD) and the Free Port Vladivostok regimes.
The second phase of the agricultural complex has already been implemented in the Khabarovsk Territory with the support of Japanese entrepreneurs. The area of greenhouses has grown to 5 hectares. The Russian-Japanese agricultural company intends to increase its greenhouses to 10.3 hectares. Up to 6 thousand tons of vegetables and greens per year can be removed from such an area. Last year, 250 thousand tons of tomatoes and 400 tons of various cucumbers were supplied from the greenhouses of the Russian-Japanese enterprise.
However, the strategic sphere of Russian-Japanese economic cooperation is the fuel and energy complex. The focus is on Sakhalin oil and gas projects implemented under production sharing production.
For example, the first in Russia and one of the world's largest liquefied natural gas production plants began operations in 2009 within the framework of the Sakhalin-2 project. The plant produces 11 million tons of liquefied gas per year, Japan buys 80% of this volume.
Toyota, Nissan, Mitsubishi, Isuzu, Mazda have their plants in Russia. Since 2010, a plant has been operating in the Yaroslavl region to produce excavators and forklifts of the Japanese corporation Komatsu. The total investment in this project was $ 63 million.
It is known that it will begin to produce Japanese drugs for blood cancer in the Yaroslavl region, and Russian-Japanese plant of the production of railways control systems will be launched in the Moscow region in the near future.
Thus, despite the introduction of various sanctions against Russia, despite the territorial claims put forward by the official Tokyo to Russia, Russian and Japanese companies continue to cooperate, and this cooperation is growing and developing.

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