Japan won’t ban importing of Russian oil, natural gas

The Report Desk

Published: March 10, 2022, 05:10 PM

Japan won’t ban importing of Russian oil, natural gas

Japan will not banning imports of crude oil and natural gas from Russia as a punitive step for its invasion of Ukraine. The country will nor follow the United States lead in banning imports of crude oil and natural gas from Moscow.

Fumio Kishida, prime minister of Japan, on Wednesday told this in a press conference held on Wednesday mentioning that “A stable supply (of energy) and security are in Japan’s national interests.”

He also indicated that resources-poor Japan, which relies heavily on fuel imports, cannot afford to impose such a sanction.

“U.S. President Joe Biden said he understands that many U.S. allies are not in position to do the same,” the prime minister added. “He said the United States can resort to the measure even if other countries cannot do so because it is a net exporter of energy.”

The Japanese prime minister also said his government is working closely with the United States on tougher sanctions, adding that Tokyo will coordinate with Group of Seven industrialized nations and other members of the international community in responding to the crisis in Ukraine with stronger measures.

Link copied!