Fumiya Kokubu, Chairman of the Japan Foreign Trade Council, said that Russia's President Putin has signed a presidential decree ordering the change of business entity to a Russian company over the natural gas development project "Sakhalin 2". He expressed the idea that the public and private sectors should continue to take appropriate measures for maintenance.
Regarding the natural gas development project "Sakhalin 2" in the Far East of Russia, Russia's President Putin signed a presidential decree last month ordering the change of business entity to a newly established Russian company, and Japan will invest in the Japanese government and the project. The focus is on the response of major trading companies in Russia.
Regarding this, Kokubun, the chairman of the Japan Foreign Trade Council, said at a regular meeting on the 20th, "This presidential decree should be criticized in terms of both international law and international business customs. The fact that it doesn't work has become apparent again. "
On top of that, regarding the future response of the Japanese government and trading companies, "It is a major premise to comply with G7 economic sanctions and agreements, but there are circumstances in each country regarding energy. Regarding Saharin 2, the Japanese government has a clear interest from an early stage. Has issued a policy that it should continue to be held, "he said, and expressed the idea that the public and private sectors should continue to take appropriate measures to maintain Japan's interests from the perspective of energy security.