Kyodo: Ban on selling used cars to Russia could cause problems for businesses

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The agency notes that a ban on the sale of used cars to Russia as part of a possible wholesale ban on exports from the G7 countries could cause problems for businesses in Japan. Kyodo.

“If the Japanese government does not limit the current ban (ban) on luxury cars by extending it to automobiles and used cars, it will affect businesses in Japan and the economy of Japanese regions. There is a possibility that tires, cosmetics, clothes will be banned,” the message says.

The G7 countries are discussing an almost complete ban on exports to Russia. Western politicians fear that such a drastic measure would create a fierce rejection among companies that continue to trade with Russia, lead to retaliatory sanctions from Moscow and bring it closer to Beijing.

Yasutoshi Nishimura, Former Minister of Economy, Trade and Industry of Japan refused Comment on the idea of ​​a complete cessation of exports to Russia within the framework of the G7.

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