February 22, 2016, 09:44 | Russia | Japan | Economy
Russia is ready to offer Japanese investors a controlling stake in oil and gas projects, said Deputy Prime Minister Arkady Dvorkovich. He also expressed the need to make progress in economic cooperation with Tokyo to a possible visit to the country by President Vladimir Putin of the Russian Federation.
According to the Nikkei, Dvorkovich said that the Russian authorities are interested in the joint economic development of the Kuril Islands, which Japan considers its Northern Territories. In addition, despite the sanctions, Moscow “is constructive cooperation with Japanese companies.” According to Deputy Prime Minister, this creates a good environment for a political dialogue.
As for Putin’s visit to Japan, Dvorkovich noted that it is necessary to prepare a package of important agreements.
The publication notes that earlier Russia rarely allows foreign companies to gain control over oil and gas projects, but Western sanctions “have reduced the flow of financing the oil industry and forced Moscow to seek from the Chinese capital investment.” With Japanese investment Russia is also trying to “get rid of excessive economic dependence on China».
No comments:
Post a Comment