Japan deprives Russia of the status of a normal trading partner

16 March 2022, 14:21 | Economy
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The Japanese government stripped Russia of the status of " The decision was made as an additional sanctions measure related to the Russian invasion of Ukraine.

NHK reports..

This decision means that Russian imports to these countries will be subject to higher customs duties..

US President Joe Biden announced similar measures on Friday, while G7 leaders issued a joint statement expressing their intention to end Russia's MFN status..

As part of the sanctions imposed on Russia for its invasion of Ukraine, the Japanese government has already imposed restrictions on the export of semiconductors and other high-tech goods..




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