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    JAPANESE BANKER OFFERS PUTTING UP MONUMENT TO RUSSIAN SAILORS

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    TOKYO, April 13 (RIA Novosti) -The well-known Japanese businessman Kosaburo Daidoji heading the Michinoku bank suggests putting up a monument to Russian sailors in Kronstadt, a Russian military base on the Baltic sea, to commemorate the centenary of the Russian-Japanese war.

    Mr.Daidoji believes that one of the causes for current misunderstanding between the two peoples is the aftermath left in the Russian hearts by the defeat in the 1904-1905.

    "But war is war, the more so as it is buried in the remote past. I think that it will be a token of respect and friendliness on the part of the Japanese people to unveil such a monument in Krondstadt," said the banker in a RIA inteview this Tuesday.

    The Michinoku bank is prepared to allocated 100-200 million yens required, according to preliminary estimate, for the construction of this monument. Kosaburo Daidoji hopes that when it comes to technical solutions and creative discussions, the governments will join the talks.

    The banker is certain that Russia and Japan have acquired a happy chance to embark on improvement of their relationships. Now that the tensions in the Middle East from where Japan is getting the bulk of its fuels are very high, Russia is becoming for Japan the only alternative source of hydro carbons, he says.

    On the threshold of the first session of the Russian-Japanese Council of Wisemen to open this Wednesday in Moscow, Daidoji has already met with former Japanese Prime Minister Ioshiro Mori, the Council's chairman on the Japanese side, on two occasions.

    The Council of Wisemen instituted by agreement between President Putin and Japanese Prime Minister Koudzumi is a new form of routine relations between the two countries, a public organisation supplying the leadership of the two countries with proposals on effective solutions of outstanding bilateral problems.

    Daidoji is certain that the issue of building an oil conduit from Eastern Siberia to Nakhodka, a Russian port on the Pacific coast, is to be raised at the Council session. "Its value equals to a week-long expenditure on the Iraq war. The money should be found a better spending," he says.

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