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PM Kishida announces Japan’s sanctions on Russia

All networks reported that Prime Minister Kishida announced this morning that Japan will impose sanctions against Russia following the nation’s unilateral recognition of the independence of the two pro-Russian separatist regions of Donetsk and Luhansk in eastern Ukraine and President Putin’s order to deploy troops in the region. According to the networks, Kishida said Japan will implement three types of sanctions: 1) suspending the issuance of visas to and freezing the assets of people connected with the two separatist regions, 2) banning exports and imports to and from the two regions, and 3) banning the issuance and trade of new Russian sovereign bonds in Japan. Kishida reportedly added that Japan will work closely with the G7 nations and the rest of the international community and impose additional sanctions if the situation worsens. NTV said the premier added that the situation will not immediately have a significant impact on the supply of energy to Japan, and that even if crude oil prices continue to rise, the GOJ will work to minimize the impact on business activities and people’s livelihoods.

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