Japan’s prime minister said Saturday his country has entered into a pact with Estonia, Latvia and Lithuania to boost economic and political ties with the three former Soviet republics. Japanese Prime Minister Shinzo Abe and Latvian Prime Minister Maris Kucinskis said after meeting in Riga, Latvia’s capital, that
Japan’s prime minister said Saturday his country has entered into a pact with Estonia, Latvia and Lithuania to boost economic and political ties with the three former Soviet republics.
Japanese Prime Minister Shinzo Abe and Latvian Prime Minister Maris Kucinskis said after meeting in Riga, Latvia’s capital, that information technology, transportation and medicine are areas where Japan sees the most trade potential in the Baltic countries.
Abe praised the cargo harbor in Riga as “a successful center of transportation and logistics” that will allow Asian suppliers to deliver goods to the region.
The four-way Japan-Baltics trade pact is likely to yield benefits for Tokyo only once a larger partnership deal between the European Union and Japan has been ratified.
Abe, accompanied by a sizable Japanese business delegation, and Kucinskis both urged rapid ratification of the EU-Japan trade deal reached in December.
