RDIF and Russian-Japanese Business Council organize reception on the occasion of the visit of Prime Minister of Japan Shinzo Abe to Russia
Moscow, 27 April 2017 – The Russian Direct Investment Fund (RDIF) and the Russian-Japanese Business Council together organized a reception on the occasion of the visit of Prime Minister of Japan Shinzo Abe to Russia, which drew more than 100 guests from among high-ranking government and business leaders from both countries. In particular, the reception was visited by the Minister of Economy, Trade and Industry of Japan and Minister of Economic Cooperation with Russia Hiroshige Seko, Deputy Prime Minister of the Russian Federation Arkady Dvorkovich, Minister of Economic Development of the Russian Federation Maxim Oreshkin, and top executives of more than 50 major Russian and Japanese companies.
During the reception, representatives of the Russian and Japanese business community signed more than 20 agreements, including finalizing the documents for the establishment of Russia-Japan Investment Fund by RDIF and Japan Bank for International Cooperation (JBIC). Participants also discussed the development of Russian-Japanese economic cooperation along with a number of promising joint projects.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), noted:
“The reception on the occasion of the visit of Prime Minister Abe confirmed the interest of Japanese business in the Russian market and demonstrated the spirit of close and productive cooperation to Russian companies, which, according to the signed agreements, is possible at different levels and in a wide range of industries.”
Alexey Repik, Chairman of the Russian-Japanese Business Council, noted:
“Today, Russia and Japan have focused their efforts on building a new model of mutually beneficial cooperation, and developing a new framework for economic cooperation. Just a couple of years ago it was difficult to imagine that the business communities of our countries would actively plan joint investment projects in the field of information technology, pharmaceuticals, agriculture, urban development, advanced industrial technologies, etc.”
Russian Direct Investment Fund (RDIF)is Russia's sovereign wealth fund established in 2011 to make equity co-investments, primarily in Russia, alongside reputable international financial and strategic investors. RDIF acts as a catalyst for direct investment in the Russian economy. RDIF’s management company is based in Moscow. Further information can be found at rdif.ru
Russian-Japanese Business Council (RJBC)is an association of entrepreneurs operating since 2004 as part of the Chamber of Commerce and Industry of the Russian Federation. In December 2014, RJBC was re-launched under the leadership of Alexey Repik as part of All Russia Public Organization Business Russia. During 2 years the Business Council has made significant progress in strengthening and developing relations between the businesses of the two countries, as well as pursuing new business opportunities. The Russian-Japanese business platform operates on a continuous basis to address specific issues arising as part of the cooperation between the businesses of both countries, discuss promising projects, gather ideas from the Russian and Japanese sides, provide required support for their implementation. To date, more than 200 Russian companies participate in the work of the RJBC, a pool of investment projects to work through with the Japanese partners was developed.
For additional information contact:
Maria Medvedeva Andrew Hayes / Yulianna Vilkos
Russian Direct Investment Fund Hudson Sandler
Director of External Communications Tel: +44 (0) 20 7796 4133
Tel: +7 495 644 34 14, ext. 2141
Mobile: +7 964 726 17 73
Russian-Japanese Business Council, Business Russia
Mobile: +7 916 862 50 57