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INTERNATIONAL > Europe & Eurasia

Putin to visit Japan as “distinguished guest on working visit”

  • October 20, 2016
  • , Yomiuri
  • JMH Summary

Yomiuri reported on the MOFA announcement on Wednesday that Russian President Putin will travel to Japan in December as a “distinguished guest on a working visit,” noting that under this condition, the Russian leader will be accorded the “simplest treatment.” The daily explained that this arrangement is being made because Russia is still subject to G7 sanctions over Ukraine.

 

In a related story, Yomiuri wrote that senior GOJ and Russian government officials with the rank of bureau director general will hold talks in Moscow next week to discuss bilateral cooperation in the financial sector, such as proposed loans for Russia by Japanese financial institutions. 

 

Meanwhile, Sankei claimed in its lead item that the Japan Bank for International Cooperation is planning to offer $600 million in syndicated loans in coordination with two European banks to help Russian energy giant Novatek develop LNG platforms in the Arctic. Noting that a signing ceremony will be held soon, the daily said this project may become one of the key economic cooperation initiatives between Japan and Russia.

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