In retaliation for the war in Ukraine, the Japanese company Toshiba shuts down its business in Russia
Faced with increasing sanctions against Russia over its invasion of Ukraine, Japanese electronics company Toshiba Corporation has decided to halt new orders and investments in Moscow. Toshiba said in a statement it will spend a total of 100 million yen (ca. Crisis in war-torn Ukraine.
“Furthermore, Toshiba Group has suspended orders and investments in Russia. We will continue to monitor the situation and very much hope that the conflict will end soon,” the company said.
Last week Japan imposed further sanctions on Moscow and froze the assets of 398 Russian citizens, including two adult daughters of President Vladimir Putin, namely Katerina Tikhonova and Mariya Vorontsova. CNN reported citing the Japanese Ministry of Foreign Affairs.
Russian Foreign Minister Sergei Lavrov’s family members, including his wife Mariya Lavrova and daughter Yekaterina Vinokurova, have also been targeted by Japan’s recent sanctions. An embargo on new investments in Russia was also approved by Japan. Also, the East Asian country has imposed further sanctions on 28 Russian companies, including freezing the assets of Sberbank and Alfa Bank.
Japan wants to supply Ukraine with anti-chemical warfare equipment
It is worth mentioning here that amid growing concerns about the use of chemical weapons, Japan has also decided to supply gas masks, hazmat suits and drones to Ukraine. According to Japanese Defense Minister Nobuo Kishi, Tokyo is providing anti-chemical weapons equipment to Ukraine at the request of the Ukrainian government.
Last month, Japan also shipped bulletproof vests, helmets and other non-lethal military equipment to Ukraine as an exception to Tokyo’s ban on arms transfers to combat zones. Meanwhile, the delivery has sparked debate in Japan, whose pacifist constitution prohibits the use of force and renounces war.
The brutal war between Russia and Ukraine continues to escalate and entered its 56th day on Wednesday, April 20th. Meanwhile, several countries and organizations around the world have imposed numerous sanctions against Russia for its unjustified invasion of Ukraine. Since the beginning of the war on February 24, both countries have also conducted several rounds of peace negotiations, which have so far not led to the desired results.