Japan–Russia relations president to take a state trip to the Kuril Islands. Medvedev shortly ordered significant reinforcements to the Russian defences on the Kuril Islands. Medvedev was replaced by Vladimir Putin in 2012. In November 2013, Japan held its first ever diplomatic talks with the Russian Federation, and the first with Moscow since the year 1973. In September 2017, Prime Minister Shinzo Abe and Russian President Vladimir Putin met at Eastern Economic Forum, which held at Far Eastern Federal University in Vladivostok. The main purpose of meeting was approving joint economic activities on disputed islands off Hokkaido. In their talks the both
Kozo Yamamoto appointed his ministerships in 2016. Yamamoto is a known advocate of reflation policies, and is one of the first to argue for using monetary easing tools to overcome deflation in Japan. As a longtime critic of the Bank of Japan's monetary tightening policies in the Diet, he chaired multiple study groups on monetary policy when the LDP was out of power, and appealed to Shinzo Abe the need for quantitative easing. Yamamoto proposed the consumption tax increase of April 2014 to Abe Shinzo, and advised swift action. He also advocated for basic allowances and various public-works projects for low-income earners