It will be possible to talk about easing pressure when peace in the region becomes “obvious,” the Minister of Economy stressed. Tokyo has already introduced several packages of sanctions, including personal sanctions against individuals and companies, export restrictions
Tokyo, Japan
The Minister of Economy, Trade and Industry of Japan, Koichi Hagiuda, said on the air of the NHK television channel that in the current situation there is only an option to increase sanctions pressure on Russia, Bloomberg reports. According to Hagiuda, he intends to consider additional measures in cooperation with representatives of the international community.
It will be possible to ease restrictions against Russia when peace in the region “becomes obvious”, the minister stressed. At the same time, Hagiuda admitted that the sanctions have a negative impact on the Japanese economy.
Japan joined the Western sanctions at the end of February. On February 28, Tokyo imposed sanctions against the Russian Central Bank following the EU, the US and the UK, also withdrew the most favored nation treatment in trade, banned from April 5 the export of luxury goods to Russia, including precious stones, jewelry, premium cars. The export of oil refining equipment was also banned.
President Vladimir Putin, Security Council Deputy Head Dmitry Medvedev, Foreign Minister Sergei Lavrov, Defense Minister Sergei Shoigu, Security Council Secretary Nikolai Patrushev, and Chief of the General Staff Valery Gerasimov were subject to personal sanctions. Also on the sanctions list were presidential representative Dmitry Peskov, head of Chechnya Ramzan Kadyrov, businessmen Boris Rotenberg, Alisher Usmanov, Yevgeny Prigozhin and others, Communist Party leader Gennady Zyuganov, First Deputy Chairman of the State Duma Ivan Melnikov.
In addition, under restrictions Russian organizations and companies were included, including those in the aircraft building, shipbuilding, machine-building industries, the defense sector, including the Ministry of Defense, the FSB, the Foreign Intelligence Service.
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