The Japanese government has begun negotiating economic sanctions against Russia

 

The Japanese government has begun negotiating economic sanctions against Russia, which will be taken in the event of an invasion of Russian troops in Ukraine. This is reported by the Yomiuri newspaper, citing sources in the government.

It is reported that the restrictions will apply to the export to Russia of semiconductors and advanced technologies related to artificial intelligence and robotics.

According to the newspaper, the discussed sanctions will affect not only the military-industrial, but also the civilian sector. At the same time, a source in the government admits that Japan supplies semiconductors to Russia in small volumes, so the effect of such sanctions will be limited. It is expected that the decision on sanctions will be coordinated within the “Big Seven” (G7), which includes Japan.

In addition, Tokyo is considering imposing financial sanctions against Moscow. After the annexation of Crimea to Russia in 2014, funding for five large Russian banks was effectively banned in Japan, and it is likely that sanctions in this area can be strengthened, the newspaper writes.

The day before, Russian President Vladimir Putin supported the decision to recognize the independence of the self-proclaimed Donetsk and Luhansk People’s Republics, and ordered the deployment of Russian troops there. The United States and the European Union condemned this decision and announced new sanctions against Russia.

Earlier, US President Joe Biden signed a decree imposing sanctions on both republics: American citizens are prohibited from investing in the DNR and LNR, importing any goods, services or technologies from them into the United States, and exporting goods, services or technologies from the United States. Also, the United States will block all property and shares in the property of people who work in the DPR and LPR, are managers, officials, executive directors or are members of the board of directors of companies that operate in the Donbass.