18:46 GMT27 February 2021
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    Russia and Japan are in talks to establish a joint investment project platform, Economic Development Minister Alexei Ulyukayev said in Japan on Tuesday.

    TOKYO (Sputnik) – The platform is planned to be established with the involvement of the Russian Direct Investment Fund (RDIF). 

    "The Russian side is the Russian Direct Investment Fund, which was established to invest jointly with foreign investors, give them legal and financial comfort. As for the Japanese side, we are working with major institutions such as the JBIC [Japan Bank for International Cooperation] in this direction," Ulyukayev said at a business meeting.

    Russian Economic Development Minister Alexei Ulyukayev's visit to Japan gives an impetus to cultivate political and economic ties between the countries ahead of the Russian and Japanese leaders' possible meeting this fall, Japan's Deputy Chief Cabinet Secretary Hiroshige Seko said earlier.    

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    Tags:
    joint development, investment, Alexei Ulyukayev, Russia, Japan
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