15 hours ago
Japan, US companies in Russia eye post-conflict opportunities
Japanese and US companies operating in Russia held talks on Wednesday to discuss what the future might hold beyond the conflict in Ukraine.
The Japanese Business Club and the American Chamber of Commerce in Russia hosted the event in Moscow. Russian officials were among those mingling with business leaders.
Japanese Business Club Owatari Kozo said, "The public and private sectors need to consider joint efforts with an eye on future changes in the situation in Russia."
The US group signaled cause for optimism, pointing to dialogue that President Donald Trump recently launched with Moscow.
American Chamber of Commerce in Russia Robert Agee said, "We've been encouraged by the renewed US-Russia dialogue which completely stopped during the previous administration."
The Japanese group cited a recent survey of about 130 member companies. The results show 63 percent regard Russia as an important market. But 78 percent said doing business there holds risks for a company's reputation.
