Russia, Japan to sign 40 deals at Eastern Economic Forum today

Russian Economic Development Minister Maxim Oreshkin has said that Russia and Japan will sign 40 intergovernmental and economic agreements on the sidelines of the Eastern Economic Forum at Vladivostok in Russia.

"Russia and Japan are planning to sign 40 intergovernmental and economic agreements deals including a convention on removal of double taxation on Thursday raising bilateral economic ties to a new level," Russian Economic Development Minister Maxim Oreshkin said, speaking at the Russian-Japanese dialogue during the EEF-2017.

Oreshkin added, "Over the past year, Russia and Japan signed over a hundred of commercial and inter-agency agreements. Some 40 more will be signed on the sidelines of this forum."

Speaking at the forum, Japanese Economy Minister Hiroshige Seko confirmed his country's plans for reaching new agreements with Russia. He said some of last year's arrangements were already being implemented, including a license deal on producing tuberculosis drugs in Russia, Sputnik reported.

The two-day EEF started in Vladivostok on Wednesday, drawing over 3,500 participants from more than 50 countries.

Several world leaders are attending the event, including Russian President Vladimir Putin, South Korea's Moon Jae-in, and Japanese Prime Minister Shinzo Abe. 

-ANI