NEDO and the Government of the Republic of Buryatia Sign a Letter of Intent for Information Exchange
－Aiming to Expand Dissemination of Waste Treatment Technology－
December 16, 2016
New Energy and Industrial Technology Development Organization (NEDO)
On December 16, 2016, NEDO and the Government of the Republic of Buryatia of the Russian Federation signed a letter of intent for information exchange aimed at expanding the dissemination of waste treatment technology. NEDO intends to disseminate advanced Japanese technology by cooperating with both the Buryatian government and relevant organizations in Russia to address energy and environmental issues in the country.
Reducing the impact of environmental issues caused by waste reclaiming treatment is a challenge in Russia due to rapid economic development in recent years. Therefore, measures to enact necessary laws for waste treatment are being carried out.
NEDO and the Agency of Technological Development of the Russian Federation signed a memorandum of cooperation for information exchange on September 2, 2016. After several discussions on how to address issues in Russia with advanced Japanese technologies, waste energy utilization technology was selected as the theme for a cooperation project.
In light of the above, NEDO and the Republic of Buryatia signed a letter of intent on December 16, 2016, for information exchange in order to expand the dissemination of waste treatment technology. The activities to be carried out will be funded under a budget provided by Japan’s Ministry of Economy, Trade and Industry based on "city development", as part of a cooperation plan with eight points as discussed during the Japan-Russia Summit Meeting held on December 15 to 16, 2016. NEDO will select technologies appropriate for waste treatment methods being used in the Republic of Buryatia, evaluate their economic feasibility, and then propose technical and financial plans to the Republic of Buryatia. In addition, the Republic of Buryatia will cooperate in a basic study conducted by NEDO, make legal and financial arrangements with relevant organizations in Russia, and present prospects for promoting selected technologies. Through such efforts, NEDO aims to expand the dissemination of advanced Japanese waste treatment technology in order to address energy and environmental issues in the country.
2. Letter of Intent Signing Ceremony
On December 16, 2016, Mr. Makoto Watanabe, Executive Director of NEDO, and Mr. Yuriy Safiyanov, Minister of Natural Resources, Republic of Buryatia, signed the letter of intent at the Japan-Russia Business Dialogue meeting held in Tokyo.
3. For more information, please contact:
NEDO International Affairs Department
Contact persons: Kohmoto, Sakai, Yagyu Tel: +81-44-520-5190