The volume of Russian-Japanese trade reduced by five percent in 2002 year on year. The Japanese finance ministry reported that in absolute terms this index made up 527 billion yens ($4.4 billion) - by 29 billion yens less than in 2001. The decrease in trade volumes was caused by the reduction of imports from Russia - from 468 billion yens in 2001 to 408 billion yens last year.
The deliveries from Japan, on the contrary, considerably increased - from 87 to 118 billion yens ($980 million). The growth rates of power engineering goods and equipment deliveries were especially high. The export of computers to Russia increased by 140 percent and of TV sets - by 144 percent. Japan exported 50,848 cars to Russia over 2002, a 49-percent increase year on year.
The volume of Russian-Japanese trade amounts to less than a half of trade turnover between Russia and China. RIA Novosti already reported that the volume of Russian-Chinese trade over the 10 months of last year increased, compared to the same period of 2001, by 18 percent to reach $9.8 billion.
For the time being, one needs to finish the construction of the section that is 100 kilometres long. On October 17, German Foreign Minister Heiko Maas said in an interview with RND that the project would be completed