Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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Foreign trade of the Far Eastern Federal District and Japan decreased by 22% due to the pandemic

Foreign trade of the Far Eastern Federal District and Japan decreased by 22% due to the pandemic
Photo: pixabay.com

The volume of foreign trade between the Far East and Japan decreased by 22,6% compared to 2019, amid the pandemic. From January to November 2020, it amounted to $ 5,2 billion.

According to the press service of the RF Ministry for the Development of the Russian Far East, Japanese investors are taking part in 11 projects worth $ 181 million in priority development areas and a free port created in the Far East. The head of the Ministry for the Development of the Russian Far East Alexei Chekunkov and the Japanese Ambassador to Russia Toyekhisa Kozuki discussed the main directions of international cooperation in the Far Eastern and Arctic regions.

Japan is interested in supplying soybeans, corn and other agricultural crops from the Far East, in implementing projects for the production and processing of seaweed, fish farming, and the construction of greenhouses for growing vegetables and berries.

The Japanese side proposes to expand cooperation in the areas of fish processing industry, logistics, energy, port and transport infrastructure, as well as tourism and the urban environment. Also, the Japanese partners intend to actively participate in the development of the Northern Sea Route.

March 8: current information on coronavirus in the Far East
Digest of regional events and latest statistics