World News: Japan imposes sanctions on Russia over actions in Ukraine – Gulf Digital News

World News: Japan imposes sanctions on Russia over actions in Ukraine – Gulf Digital News

Japan is imposing sanctions on Russia over its actions in Ukraine, Prime Minister Fumio Kishida said on Wednesday, terming Moscow's moves an unacceptable violation of Ukrainian sovereignty and international law.

Western nations on Tuesday imposed new sanctions on Russian banks and elites after Moscow ordered troops into separatist regions of eastern Ukraine. read more

Japan's sanctions include prohibiting the issuance of Russian bonds in Japan and freezing the assets of certain Russian individuals as well as restricting travel to Japan, Kishida said.

"Russia's actions very clearly damage Ukraine's sovereignty and go against international law. We once again criticise these moves and strongly urge Russia to return to diplomatic discussions," he said.

"The situation remains quite tense and we will continue to monitor it closely."

Details of the sanctions will be worked out and announced over the coming days, he added.

Japan has sufficient reserves of oil and liquefied natural gas (LNG) so that there will not be a significant impact on energy supplies in the short term, Kishida said.

Should oil prices rise further, he said he would consider all possible measures to limit the impact on companies and households.

Kishida said Japan would remain in close contact with other G7 nations and the international community.

"Should the