31 Oct 2018 14:58

Russia, Japan plan to eliminate barriers to cooperation in agriculture - Trutnev

MOSCOW. Oct 31 (Interfax) - Russia and Japan plan to eliminate barriers hampering cooperation between the two countries in agriculture.

"We discussed issues related to the elimination of barriers which hinder joint work in agriculture and carrying out projects together in this sector," Russian Deputy Prime Minister and presidential envoy in the Far Eastern Federal District Yury Trutnev said on TV Channel Rossiya 24 following a visit to Japan and meetings with the Japanese Economy, Trade and Industry Minister Hiroshige Seko.

He said that this mainly related to cooperation in livestock breeding and rice exports. Trutnev stressed that there were even barriers for rice due to be delivered to Japanese enterprises, "which would like to grow rice in Russia and sell it in Japan."

"The root of these restrictions is not fully understood", he said.

During Trutnev's visit, he met with the President of Sojitz Corporation Masayoshi Fujimoto, which is planning to participate in a project to build a rice and oil crop (soya beans, rapeseed) farming complex in Primorye, being implemented by MKR Capital LLC.

The company intends to act as a financial, technological and trade partner to the Russian company. The project is currently at the stage of preparing a feasibly study. Projected investment in the first stage is 6 billion rubles.