Japan and Russia have agreed to discuss ways to finance the construction of a pipeline and development of an oil field in eastern Siberia, Economy, Trade and Industry Minister Takeo Hiranuma said Friday.
Hiranuma said the two countries will host meetings involving experts to discuss how to finance the pipeline and conduct research on oil deposits.
The agreement came in a series of meetings held through Thursday between the Japanese government delegation, headed by Iwao Okamoto, director general of the Natural Resources and Energy Agency, and Russian Cabinet ministers.