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The volume of Japanese investment in the Khabarovsk Territory is small

The volume of Japanese investment in the Khabarovsk Territory is small

Noguchi Hideaki

Consul General of Japan in Khabarovsk

Noguchi Hideaki, Consul General of Japan in Khabarovsk:
- I started working as a diplomat in 1978 at the Embassy of Japan in Moscow. Comparing our bilateral relations of the times of the Soviet Union with the current ones, I can say that these are absolutely different things. Today, relations between our countries are developing in many different directions, and, in comparison with former times, the scope and range of cooperation has significantly expanded.

Cooperation is developing in the spheres of trade and economy, ensuring security, cultural exchange, etc. For example, the volume of mutual trade last year increased by more than 4%. The volume of trade between Japan and the Far East of Russia also reached a record level, exceeding 10 billion dollars. The Government of Japan attaches great importance to bilateral cooperation in the Russian Far East. Cooperation continues in such traditional sectors as energy, forestry, and fishing. In addition, cooperation begins in new areas, such as agriculture, medicine, transport, urban ecology.

In recent years, our cooperation in the field of security has advanced. Most recently, the Chief of Staff of the Land Forces of the Japanese Self-Defense Forces visited Khabarovsk, met with the commander of the Eastern Military District, General Surovikin, and attended the exercises of the Russian troops. In the old days, such interaction between the military was out of the question. The same can be said about trade and economic relations - the volume of trade over the past 10 years has grown 10 times, and the range of cooperation is simply incomparable with the previous one.

An example of successful cooperation between Japanese and Russian enterprises in the Khabarovsk Territory is the delivery of a Japanese line for the production of wood-based panels to a woodworking plant in Amursk. In the Amur Region, at the initiative of the Hokkaido Bank, work is underway on a joint project in the field of agriculture. So, last year, test sowing of soybeans and buckwheat was carried out. During a visit to Russia by Japanese Prime Minister Shinzo Abe in April last year, the Amur Region and the Hokkaido Bank signed a memorandum of cooperation in the field of agriculture.

The authorities of the Khabarovsk Territory also, as far as I know, try to attract Japanese companies to participate in various projects. For today, unfortunately, the volume of Japanese investments in the Khabarovsk Territory is not large. To increase Japanese investment , we need to look for new areas of cooperation. The Khabarovsk Territory has the most developed industry in the Far East of Russia, and I hope for the emergence of new projects of mutually beneficial cooperation, in which the high technologies of Japanese companies will be used.

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