Japan promised to expand sanctions against Russia following the West

Japan promised to expand sanctions against Russia following the West

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Tokyo announced new sanctions against Russia

Japan will expand sanctions against the Russian Federation following the West, said Japanese Prime Minister Fumio Kishida.

According to him, the Japanese government is preparing to expand sanctions lists against Russia due to the situation in Ukraine, following the example of other countries included in the G7.

Previously, the states that are members of the G7 agreed to take measures to limit Russian budget revenues from energy exports, as follows from the organization’s joint statement following the summit. As noted, this is planned to be achieved by tightening the “price ceiling” on the sale of Russian oil. As the G7 countries said in a statement, they intend to “exert significant pressure” on Russian exports of energy and other commodities.

Earlier it was reported that one of the largest Russian shipping companies, Sovcomflot, came under US sanctions. Also, 14 oil tankers owned by the company are now under sanctions. At the same time, it is allowed to carry out operations with Sovcomflot vessels if the cargo was loaded before February 23. This permit is valid until February 8.

The updated US list includes about 500 individuals and organizations, including from third countries. Earlier it was reported about Washington’s plans to introduce new restrictions regarding maximum prices for Russian oil.

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