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- September 2016
- Memorandum concerning the Creation of Platforms for Cooperation in the Field of Mid-ranking Companies and Small and Medium Enterprises Concluded with the Ministry of Economic Development, the Russian Federation
Memorandum concerning the Creation of Platforms for Cooperation in the Field of Mid-ranking Companies and Small and Medium Enterprises Concluded with the Ministry of Economic Development, the Russian Federation
The Ministry of Economy, Trade and Industry (METI) and the Ministry of Economic Development, the Russian Federation (Economy Ministry of Russia), concluded a Memorandum concerning of the Creation of Platforms for Cooperation in the Field of Mid-ranking Companies and Small and Medium Enterprises. Under the Memorandum, METI and the Economy Ministry of Russia will create platforms, consisting of related organizations to encourage mid-ranking companies and small and medium enterprises (SMEs) in Japan and Russia to invest in and export to the partner country.
On Saturday, September 3, 2016, Mr. Hiroshige Seko, Minister of Economy, Trade and Industry, and H.E. Mr. Alexei Ulyukayev, Minister of Economic Development, the Russian Federation, held a meeting, taking advantage of the opportunity of the Eastern Economic Forum held in Vladivostok, the Russian Federation, and concluded the Memorandum concerning the Creation of Platforms for Cooperation in the Field of Mid-ranking Companies and Small and Medium Enterprises.
The platforms in Japan and Russia will establish working groups, when needed, concerning venture business financing, innovative business, food-related issues and other subjects, and hold seminars, business meetings or other events, dispatch business missions, and support companies in providing financial services, information and knowhow, aiming to encourage SMEs in Japan and Russia to invest in and export to the partner country. In addition, the platforms will strive to solve conflicts SMEs that intend to develop business in Japan and Russia.
Photo: Minster Seko and Minister Ulyukayev exchanging the memorandums
Release date
September 5, 2016
Division in Charge
Europe Division, Trade Policy Bureau