• Kyodo

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Russia will open a facility to support Japanese business activities in its Far East, according to a senior official of the Ministry for the Development of the Russian Far East.

The move is in line with an agreement reached in early September to promote Japanese investment in the region by the Japan Bank for International Cooperation, Russia’s Far East Investment and Export Agency and the Russian Far East Development Fund.

The Japan business support center will focus on Russia’s priority development areas, including in the Vladivostok Free Port, to entice more investment from Japanese companies.

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