The agency extended the Japanese government’s decision to deprive Russia of its status as the most favored country in trade due to the situation around Ukraine. Kyodo.
The preferential regime was canceled for a one-year period by the Japanese side in March last year. This decision expired on March 31 and was extended with the start of the new fiscal year on April 1.
The previous day, the Ministry of Foreign Affairs of Japan decided to allocate A new $470 million humanitarian aid package to Ukraine These funds are aimed at restoring infrastructure, including those related to Ukraine’s agricultural industry, as well as purchasing equipment needed for demining and debris clearing.
On February 24, 2022, Russian President Vladimir Putin announced that he had decided to conduct a special military operation in Ukraine in response to a request for assistance from the presidents of the Lugansk and Donetsk People’s Republics.