Edison Chen
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MOSCOW, July 28 (RIA Novosti) – Japan is expected to release a list of individuals and companies, against which sanctions will be imposed over the crisis in Ukraine, Chief Cabinet Secretary Yoshihide Suga said Monday at a press conference.
“Given the situation in Ukraine, we introduce new sanctions. Firstly, the assets of people involved in Crimea annexation and responsible for destabilizing the situation in Ukraine will be frozen. Secondly, our country will implement its new projects in Russia in accordance with the policy of the European Bank for Reconstruction and Development, as the European Union does. Thirdly, since Japan does not acknowledge Crimea as part of Russia, there will be limitations on the goods imported from Crimea,” Suga said.
Suga added that all formalities to implement these measures would be settled shortly. The sanctions that Japan is planning to impose had been approved by Japan’s Prime Minister Shinzo Abe prior to his trip to South America.
After the Malaysia Airlines plane crash in Ukraine, the United States and the EU members began considering tougher sanctions against Russia.
Japan said it was important to make this step together with other members of G7, which is why the announcement of the sanctions came four days later then they were approved by the prime minister.
Up until recently Japan’s position concerning Russia was far from stern, and there was a positive dynamic in Japan-Russia relations.
Earlier on, the majority of the directors of the European Bank for Reconstruction and Development said it was not possible to make new investments in Russia in the nearest future.
Japan Says Will Release Sanction List of Russian Citizens and Companies Soon | Politics | RIA Novosti
“Given the situation in Ukraine, we introduce new sanctions. Firstly, the assets of people involved in Crimea annexation and responsible for destabilizing the situation in Ukraine will be frozen. Secondly, our country will implement its new projects in Russia in accordance with the policy of the European Bank for Reconstruction and Development, as the European Union does. Thirdly, since Japan does not acknowledge Crimea as part of Russia, there will be limitations on the goods imported from Crimea,” Suga said.
Suga added that all formalities to implement these measures would be settled shortly. The sanctions that Japan is planning to impose had been approved by Japan’s Prime Minister Shinzo Abe prior to his trip to South America.
After the Malaysia Airlines plane crash in Ukraine, the United States and the EU members began considering tougher sanctions against Russia.
Japan said it was important to make this step together with other members of G7, which is why the announcement of the sanctions came four days later then they were approved by the prime minister.
Up until recently Japan’s position concerning Russia was far from stern, and there was a positive dynamic in Japan-Russia relations.
Earlier on, the majority of the directors of the European Bank for Reconstruction and Development said it was not possible to make new investments in Russia in the nearest future.
Japan Says Will Release Sanction List of Russian Citizens and Companies Soon | Politics | RIA Novosti