Wednesday, March 16, 4:20
The Japanese government is set to revoke Russia's "most-favored nation" trade status as part of additional sanctions over the Russian invasion of Ukraine.
NHK has learned that the government will announce the move on Wednesday following a decision by Prime Minister Kishida Fumio.
US President Joe Biden announced the same measures on Friday, while the leaders of the Group of 7 nations issued a joint statement pledging to move to deny Russia "most-favored nation" status.
The measures mean Russian imports to those countries will be subject to higher tariffs.
As part of sanctions over the Russian invasion, the Japanese government had already imposed export restrictions on semiconductors and other high-tech products to Russia.
https://www3.nhk.or.jp/nhkworld/en/news/20220316_09/
Japan to revoke Russia's "most favored nation" status over Ukraine
https://english.kyodonews.net/news/2022/03/2f6fbf6da2af-update1-japan-to-revoke-russias-most-favored-nation-status-over-ukraine.html
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