Kyodo: Japan will remove Russia from list of most favored countries for another year

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At the end of March 2022, the Japanese authorities removed Russia from the list of the most attractive countries for foreign trade. This decision expires this month and will most likely be extended for another year on the backdrop of international sanctions against Moscow. informs Kyodo news agency citing sources.

“At the end of March last year, Japan removed Russia from the list of most favored countries in foreign trade. This regime ends at the end of March. The government plans to extend this period for another year.

February 28 at the Ministry of Economy of Japan reported On the intention to impose a ban on the supply of a number of goods that can “strengthen the industrial basis of the Russian Federation”. The ministry also did not specify which products it would include on the sanctions list.

That same day, Japanese authorities extended List of anti-Russian restrictions. In particular, the authorities of the Asian country sanctioned the Institute of Physics PMC “Wagner”. Lebedev, Rosbank and 91 other organizations from Russia.

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