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220 words - May 2, 2013 | © DiploNews, all rights reserved.
The Japanese Prime Minister Shinzo Abe has paid an official visit to Moscow, Russia where he met with his counterpart Vladimir Putin. Mr. Abe's visit was the first official visit by the Japanese Prime Minister to Russia in the last 10 years. "We discussed in detail the key aspects of our bilateral cooperation and exchanged views on international issues. We gave particular emphasis to developing our bilateral business partnership," said Mr. Putin. In 2012, the bilateral trade between the two countries grew by 5 percents, reaching a record total of USD 32 billion. "Japanese companies have now invested USD 11 billion in the Russian economy," Mr. Putin underlined.
"Our bilateral trade has increased eight-fold over this time and the number of Japanese companies working on the Russian market has doubled. Our countries are also developing cooperation in sectors such as security and defence, and I am very pleased indeed to see these developments in our ties," said his Japanese counterpart. The two leaders agreed that bilateral cooperation is developing rapidly, despite increased tensions in the Korean Peninsula and a resurgence of a number of disputes over maritime and territorial sovereignty like the one that has opposed Japan and Russia over the Kurils since 1945.
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