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Japan will maintain Russia stripped of its “most-favored-nation” commerce standing past the scheduled expiration of the measure on the finish of this month amid Moscow’s ongoing invasion of Ukraine, a authorities supply mentioned Wednesday.
The punitive step, taken in unison with the USA and different Group of Seven members, is more likely to stay in place for one more yr via the top of March 2024 to proceed to stress Moscow, corresponding to via increased tariffs.
Prime Minister Fumio Kishida’s Cupboard is anticipated to resolve on the revision of associated authorities ordinances later this month for the extension, the supply mentioned.
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