Russian business woos Japan despite sanctions

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TOKYO: A Russian business lobby group made a push on Tuesday for Japanese investment as its economy struggles under Western sanctions linked to its role in the Ukraine crisis. Even as the United States and Europe delayed another round of measures while they push a peace plan, Moscow is looking for cash to replace money that has fled, hoping to tempt resource-poor Japan with oil and gas. “Now is the time for Japanese and Russian businesses to see a sunrise — rather than a sunset — of a day of victory for us,” Alexey Repik, President of the Russian-Japanese Business Council told a news conference ahead of a business meeting.

AFP

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