Arab Today, arab today russian business woos japan despite sanctions
Last Updated : GMT 13:35:58
Arab Today, arab today
Arab Today, arab today

Russian business woos Japan despite sanctions

Arab Today, arab today

Arab Today, arab today Russian business woos Japan despite sanctions

Russian businessman Alexey Repik
Tokyo - AFP

A Russian business lobby group made a push on Tuesday for Japanese investment as its economy struggles under Western sanctions linked to its role in the Ukraine crisis.
Even as the United States and Europe delayed another round of measures while they push a peace plan, Moscow is looking for cash to replace money that has fled, hoping to tempt resource-poor Japan with oil and gas.
"Now is the time for Japanese and Russian businesses to see a sunrise -- rather than a sunset -- of a day of victory for us," Alexey Repik, President of the Russian-Japanese Business Council told a news conference ahead of a business meeting.
"What we've been working together (on) in recent years... will bear fruit a few years later because both of us share a long-term viewpoint," he said.
The comments came as EU foreign ministers postponed new sanctions against Russia for a week to boost the chances of success at a four-way summit Wednesday aimed at brokering peace in eastern Ukraine, where Russian-backed separatists are fighting Kiev's forces.
US President Barack Obama on Monday agreed to hold off a controversial decision on sending arms to Ukraine until German-led efforts to broker a ceasefire with Russia are given a chance as he hosted German Chancellor Angela Merkel at the White House.
Japan's position with Moscow is a delicate one; while it must stand behind Washington, its chief ally, it is keen to tap much-needed commodities from Russia's far east.
Japanese Prime Minister Shinzo Abe would also like to resolve a decades-long territorial row that has prevented the signing of a peace treaty between Tokyo and Moscow.
The two sides are at odds over Russian-administered islands off Japan's far north, annexed by Soviet troops in the dying months of World War II.
Repik said the international squeeze on Russia -- the economy is expected to shrink three percent in 2015 owing to collapsing oil prices and a capital flight -- presented a possible opportunity for Japan.
"There are two sides to a coin... it makes it more appealing for Russia and Japan to jointly invest in production" in Russia because of the relative falling cost of Russian labour, he said.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today russian business woos japan despite sanctions Arab Today, arab today russian business woos japan despite sanctions

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday