Japan’s Softbank CEO Calls Russia ‘Second Interest’ After US

PHOTO by Valery Matytsyn / TASS

Russian President Vladimir Putin’s visit to Japan and the activities of the Russian-Japanese Business Council have piqued Japanese businesses’ interest in working in Russia, according to Alexey Repik, CEO of the “Business Russia” association and chairman of the Russian-Japanese Business Council.

“Even major Japanese entrepreneurs are showing interest, like Softbank’s Masayoshi Son, who met with US President-elect Donald Trump and announced plans to invest $50 billion in the United States,” Repik told RNS during the Russian-Japanese Business Dialogue. “[Son] said that Russia was his second great interest.”

In December, Son, the founder and CEO of Softbank, met with President-elect Trump and spoke with him about investing $50 billion into American tech start-ups, creating 50,000 new jobs in the process.

The Russian-Japanese Business Dialogue is taking place along with the visit of President Putin to Japan. The parties have signed about 70 agreements during his visit, Repik said.