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Diet begins deliberating legislation on sanctions against Russia

All national papers reported that on Tuesday parliamentary deliberations commenced on two bills aimed at penalizing Russia for its invasion of Ukraine. The legislation is intended to strip Moscow of its most favored trading nation status and prevent it from using cryptocurrency in evading financial sanctions. On the proposed revision of the two existing laws, Prime Minister Kishida said during a Lower House plenary session: “It is very important for Japan to clearly demonstrate its commitment to taking stern measures in close solidarity with the international community.”  The GOJ and the ruling coalition are hoping to pass the legislation at an early date

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