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Japan - insurance for Russia from excessive orientation to the West
Daria SeninaResearch Fellow, Center for Japanese Studies, Far East Institute, FAO
- The VI Russian-Japanese Investment Forum held in Tokyo demonstrated two important features of economic relations between our countries.
Secondly, mutual interest can become for Russia insurance against excessive orientation to the West, which puts our economy under attack with the possible introduction of sanctions. Therefore, it would be appropriate to diversify our economic contacts and channels in the light of developments in Ukraine. Perhaps Japan will become one of the few countries that will refrain from applying economic sanctions against Russia.
It is very important to note that the forum discussed cooperation not only in energy projects, but also the possible implementation of bilateral cooperation in the automotive industry and auxiliary industries, regional cooperation, agriculture and food industry, medicine and pharmaceuticals, special economic zones, small and medium-sized enterprises . The Japanese side voiced interesting proposals and projects related to the town planning and industrial parks, where its experience is unique and extremely useful for our country. In Russia, this will help solve the problem of single-industry towns and the restructuring of urban infrastructure.
I think that Japanese direct investment, accumulated experience in the field of high technologies and integrated solutions would be very useful for our country.