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Japan puts on hold Russian sanctions in view of possible FM talks

RT | September 19, 2014

The Japanese government has pushed back imposing new sanctions on Russia, which it planned to impose on Friday, in expectation of a possible meeting of foreign ministers next week.

The Japanese media reported Thursday of Tokyo’s intention to issue additional sanctions against Russia. The move was discussed on Tuesday at a National Security Council meeting and was expected to be announced on Friday, but according to The Japan Times the government is yet to make a final decision.

The implementation could be postponed until at least next week, when Japanese Foreign Minister Fumio Kishida may meet his Russian counterpart Sergey Lavrov on the sidelines of the UN General Assembly in New York. Tokyo wants to give Moscow more time to respond to the reports of the looming sanctions, the newspaper said.

Japan imposed sanctions on Russia in March as a gesture of solidarity with the US and the EU, which are championing a policy of punishing Russia for its stance on the crisis in Ukraine. Tokyo suspended talks with Moscow over visa restrictions, investment, space cooperation and military tension prevention. It also targeted 40 individuals from Russia and Ukraine with asset freezes and travel bans.

The new round of sanctions was expected to be individual rather than sectorial.

September 19, 2014 - Posted by | Economics | , ,

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