• Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion
Wednesday, 8 February, 2023
  • Login
topfmonline.com
 
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Education
  • Technology
  • Foreign
No Result
View All Result
topfmonline.com
No Result
View All Result
Home Foreign

Japan to freeze assets of 25 more Russians over Ukraine invasion

TOPFM NEWS by TOPFM NEWS
March 25, 2022
in Foreign
A A
0
Japan to freeze assets of 25 more Russians over Ukraine invasion
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Japan will freeze the assets of 25 more Russians and prohibit exports to 81 Russian organisations in response to Moscow’s war in Ukraine, the country’s foreign ministry said on Friday.

The move comes after Prime Minister Fumio Kishida said on Thursday Japan will take steps to revoke Russia’s “most favoured nation” trade status and prevent domestic cryptocurrency exchanges from carrying out transactions with sanctioned entities.

Tokyo has unveiled a raft of punitive measures against Russia in recent weeks, including sanctions focusing on the deputy chiefs of staff for President Vladimir Putin’s administration, the head of the Chechen Republic, and executives of companies with close ties to the Kremlin.

The East Asian country has also targeted Russia’s central bank, restricted the country’s access to the SWIFT international payments system, and banned exports of Russia-bound oil refinery equipment.

Leading Japanese firms including Toyota, Honda, Nintendo and Sony have also halted exports to Russia, citing concerns about logistics, supply chains or safety.

Japan, one of the United States’s closest Asian allies, has adopted a tougher line against Moscow than other countries in the region, most of which have declined to assign blame for the conflict. Apart from Japan, only South Korea, Singapore and the self-ruled island of Taiwan have announced sanctions against Moscow.

Jeffrey Kingston, director of Asian Studies at Temple University in Tokyo, told Al Jazeera Japan’s strong response to Russia reflects its own concerns about China’s ambitions in its back yard, including claims to the Japanese-controlled Senkaku Islands and self-ruled Taiwan.

“Japan seeks to rally support for its position that territorial disputes should be resolved without resort to force or coercion and based on international law,” Kingston said of Tokyo’s “unusually robust sanctions”.

“It is especially concerned about China’s hegemonic ambitions in Asia and worried about the implications of Ukraine for Taiwan. It is standing with NATO in Europe in expectation that this solidarity will be reciprocated in Asia and deter China from invading Taiwan.”

“I think the rest of the region is ambivalent about this conflict and doesn’t want to get drawn into Cold War II,” Kingston added, arguing there is “little enthusiasm among most Asian leaders to choose sides in what they see as a Cold War between the US and China in Asia”.

China, which has declared its friendship with Russia to have “no limits”, has refused to label Moscow’s military offensive an invasion and has condemned sanctions against its strategic partner.

Some Chinese state-owned financial institutions, however, have stopped financing deals involving Russian commodities, which analysts say reflects Beijing’s reluctance to openly violate sanctions and risk losing access to Western export markets and the US-dollar-centric financial system.

Related Posts

Former Pope Benedict XVI dies at 95

Former Pope Benedict XVI dies at 95

December 31, 2022
2
China to end Covid quarantine for foreign arrivals

China to end Covid quarantine for foreign arrivals

December 26, 2022
0
Source: AL JAZEERA AND NEWS AGENCIES
Tags: Japan to freeze assets of 25 more Russians
Previous Post

TOP FM enters Mallam Atta market with “Apomuden” Festival

Next Post

UN General Assembly demands Russia end Ukraine war

Related Posts

Former Pope Benedict XVI dies at 95
Foreign

Former Pope Benedict XVI dies at 95

December 31, 2022
2
China to end Covid quarantine for foreign arrivals
Foreign

China to end Covid quarantine for foreign arrivals

December 26, 2022
0
Pope Francis calls for end to ‘senseless’ war in Ukraine
Foreign

Pope Francis calls for end to ‘senseless’ war in Ukraine

December 26, 2022
2
Ukraine war: Drone attack on Russian bomber base leaves three dead
Foreign

Ukraine war: Drone attack on Russian bomber base leaves three dead

December 26, 2022
0
Winter storm leaves at least 37 dead nationwide as residents in western New York remain trapped under feet of snow
Foreign

Winter storm leaves at least 37 dead nationwide as residents in western New York remain trapped under feet of snow

December 26, 2022
1
King’s Christmas message to pay tribute to Queen’s legacy
Foreign

King’s Christmas message to pay tribute to Queen’s legacy

December 25, 2022
1
Next Post
UN General Assembly demands Russia end Ukraine war

UN General Assembly demands Russia end Ukraine war

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

BROWSE BY TOPICS

2022 Budget Afghanistan akufo addo Amazon Apiate explosion apple AT&T Bawumia speaks on the Economy Black Stars business covid COVID-19 COVID 19 Debt Exchange Programme E-Levy facebook finance Ghana Police Service Google Government health Intel iphone Ken Ofori Atta Mahama Microsoft Minority momo NDC news Nvidia OMICRON Parliament police Russia security South Africa Taliban tech TESCON Tesla US UTAG vaccine Xinjiang

Recent Posts

  • Dr Cassiel Ato Forson: Minority Leader assures he’ll discharge duty with unwavering dedication and high integrity
  • Minority demands immediate suspension of Debt Exchange programme
  • NCA approves transfer of majority shares in Vodafone Ghana to Telecel
  • Ambulance case: Letters of Credit cannot be established for MDAs without approval of Finance Minister
  • Dr Ato Forson paints gloomy image for economy; predicts further cedi depreciation and mass layoffs in 2023

Recent Comments

No comments to show.

RECENT NEWS

  • Dr Cassiel Ato Forson: Minority Leader assures he’ll discharge duty with unwavering dedication and high integrity January 31, 2023
  • Minority demands immediate suspension of Debt Exchange programme January 17, 2023
  • NCA approves transfer of majority shares in Vodafone Ghana to Telecel January 16, 2023
  • Ambulance case: Letters of Credit cannot be established for MDAs without approval of Finance Minister January 16, 2023

MAIN CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

Entertainment

FDA tasks pre-packed food dealers to be extra vigilant not to compromise safety
Health

FDA tasks pre-packed food dealers to be extra vigilant not to compromise safety

1 month ago
0
  • ABOUT US
  • CONTACT
  • ADVERTISE

© 2023 Top Media Group - Powered by BackUp Data Systems

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion

© 2023 Top Media Group - Powered by BackUp Data Systems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In