Japan joins embargo on Russian crude oil

“For a country like Japan that relies heavily on energy imports, this is a very difficult decision, but coordination G7 more important in a time like now”Kishida told reporters from Kantei, the official residence and office of the Japanese prime minister.

The Japanese president’s announcement came hours after he attended a telematic meeting with the leaders of the so-called groups. septet (G7, consisting of the USA, Germany, Canada, France, Italy, Japan and the United Kingdom), Commitment to reduce energy dependence on Russia.

The powers that be unable to reach an agreement to ban the import of Russian oil, a “on time” and a “regular” transition with time for countries to find alternative supply routes.

“Based on the statement from the G7 leaders, we decided to take it. Measures to put an embargo on Russian oil in principle”added the president from his profile on the social network Twitter.

Kishida said he will continue to work “closely” with the G7 and the countries involved. Ukrainewhose invasion Russia resulted in this and other sanctions, “to maintain international order.”

The Prime Minister did not present a concrete roadmap on the Russian crude oil embargo represented in 2021. approximately 3.6% of this import for JapanIt gets most of the oil it consumes from the Middle East.

Despite the gradual embargo, which is expected to be implemented gradually in order to ensure a stable supply of per capita for the country at reasonable prices in the long term, and to minimize the impact on population and commercial activity, Japan’s It will continue to participate in the energy projects it already has with Russia.According to details released by Japanese public broadcaster NHK.