Japan will not immediately impose an embargo on oil from Russia. Japan’s Minister of Economy, Trade and Industry Koichi Hagiuda said that such a step would cause the country difficulties,
KYIV. UkraineGate , 5 , May , 2022 | War News .
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“Given that Japan has limited resources, we will face some difficulties to keep up with other countries immediately,” Hagiuda told reporters during a visit to Washington.
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During a meeting with US Secretary of Commerce Gina Raimondo, the parties agreed on the basic principles of cooperation in the field of semiconductors, aimed at diversifying chip production capacity, increasing transparency, emergency response to shortages and R&D.
“As the world destabilizes after the war in Ukraine, coordination with like-minded countries is becoming increasingly important. The talks were an important step towards advancing Japanese-American relations, “Hagiuda said.
During a separate meeting with US Secretary of Energy Jennifer Grengolm, he also asked the United States to increase liquefied natural gas (LNG) production to help Japan reduce its energy dependence on Russia.
The official noted that Tokyo will provide government funding to help Japanese companies implement LNG projects in the United States. The parties agreed to form initiatives aimed at regular discussions on clean energy technologies and energy security in view of the war in Ukraine.
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German Chancellor Olaf Scholz will visit Japan. It is expected that one of the main topics of discussion will be assistance to Ukraine.
Source: Ukrgate