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Russia and Japan to Inject $1 Billion in Funds for Technology Projects

I understand that such discussions were held at the Economic Forum.

Russia and Japan launch joint $1 billion fund to invest in healthcare, industrial and tech projects

Last week at the Eastern Economic Forum in Vladivostok the Russian Direct Investment Fund (RDIF) and Japan Bank for International Cooperation (JBIC) Last week at the Eastern Economic Forum in Vladivostok the Russian Direct Investment Fund (RDIF) and Japan Bank for International Cooperation (JBIC) announced the launch of the Russia-Japan Investment Fund (RJIF), after completion of the registration and establishment procedures.

At the Eastern Economic Forum in Vladivostok, the Russian Direct Investment Fund (RDIF) and the Japan Bank for International Cooperation (JBIC) announced the launch of the Russian-Japanese Joint Investment Fund (RJIF) following the completion of registration and establishment procedures.

They had contributed $500 million each under a Memorandum of Understanding signed in late 2016. The fund would invest in a variety of different industries, such as health care, chemicals, metals and services, according to the fund.

Although there is the Northern Territories issue, we hope that a new breath of industry will be born.