Japan extends trade sanctions against russia over invasion of Ukraine

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Japan has extended trade sanctions against russia for another year, raising duties on imported goods in response to Russia's invasion of Ukraine.

Japan has decided to maintain trade sanctions against russia for another year due to its invasion of Ukraine. This means an increase in duties on imported goods from russia, including salmon and crabs. This was reported by Kyodo News, according to UNN.

Details

According to recent reports, the Japanese government has announced the extension of trade sanctions against russia for another year. This decisive action is intended to respond to russia's bloody invasion of Ukraine in February 2022.

Finance Minister Shunichi Suzuki confirmed that Japan is going to cooperate with the international community to deter russian aggression.

Add

As part of these sanctions, Japan will continue to impose higher duties on all imports from russia until the end of March 2025. This means, in particular, an increase in duties on salmon and crabs. In particular, duties on salmon will increase from 3.5% to 5%, and on crabs - from 4% to 6%

Japan imposes new sanctions against Russia for the war in Ukraine01.03.24, 09:52

Ukrainian National News War in Ukraine
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