Rus News Journal

Japan co-operates with Sakhalin

Japanese prepare for new intervention
  Japan co-operates with Sakhalin

Japanese prepare for new intervention

In the end of July of premieres - the minister of Japan Rjutaro Hasimoto in the performance before the Society of economic adherents ( Kejdzaj dojukaj ) Forming weather in Japanese business, has proclaimed three new principles of mutual relations with Russia: trust, mutual interests, long-term prospects. And problems existing between two countries including territorial, should not disturb to development of mutually advantageous relations. In the middle of August the concept of the Japanese prime minister of the beginning promptly to be realised.

One of these days the government of Japan has made decision to expand already operating program of cooperation with the Sakhalin region, providing assistance to island power, participation of Japanese firms in extraction of shelf oil and close contacts in humanitarian sphere. The word has been supported by business: according to the newspaper Iomiuri It is export - the import bank of Japan in the autumn of this year will allocate $100 million in a category of credit for financing of works under the project Sakhalin - 1 and Sakhalin - 2 which should begin in 1999.
From the Japanese party two largest corporations will participate in development of the Sakhalin shelf - Mitsui and Mitsubishi . But even it is not enough their capitals for project realisation and consequently the beginning of works was postponed before decision-making on governmental financing. Japanese observers believe that allocation Is export - import bank of means and acceptance of the state program of cooperation with Sakhalin directly are connected with new strategy of relations with Russia stated by Hasimoto.
After some kind of opening before forbidden Sakhalin for foreigners on island it has been created a lot of joint Russian - Japanese firms. However the adverse tax climate and absence of support from the Japanese government (it not to mention Russian) have led to that by this time on island there were basically small firms with the doubtful reputation, trading in gamble by fish.
Illicit activity of the Russian and Japanese mafia, causing a serious damage to area economy, has got recently such scope that began to threaten stability of the Japanese fish market. On August, 19th associations rybopromyshlennikov and exporters of Russia and Japan have addressed to the governments of the countries with the offer to develop joint efforts on struggle against the illegal craft, providing contacts of corresponding services of Japan and Russia and commissioning on Kamchatka, Sakhalin and in Primorski Krai of the centres of satellite control over fishery courts.
putting in order in fish and other spheres of Sakhalin which is impossible without acceptance of effectively operating Russian law on fishery, should promote arrival on island and to the Russian Far East authoritative Japanese firms with serious intentions. The transformation prospect Southern - Sahalinska in Nju - Sahalinsk has already induced Japanese airlines to reflect on opening of through air service to an island administrative centre as until recently from Japan to Sakhalin it was possible to get only charter flights Aeroflot .
it is possible to consider as One more pleasant consequence of historical speech of Rjutaro Hasimoto readiness of some the private Japanese companies (among which gazopromyshlennoe the enterprise Tokyo gasu the steelmaking company Sinnihon sejtetsu trading firm Sumitomo siodzi the petroindustrial company Sekiju sigen kajhatsu and also the semistate petroindustrial corporation Sekiju kodan ) To take active part in the project of development of the Kovyktinsky gas deposit in the Irkutsk region on which the newspaper " has informed yesterday; Nihon kejdzaj . All project is estimated in $10 billion

ANDREY - IVANOV