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Reuters

Business

Tetsushi Kajimoto

Japan to unveil further sanctions on Russia after coordinating with G7, PM says

G7 Fumio Kishida Japan Russia Group of Seven Ukraine IEA

FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks during a news conference at the prime minister's official residence in Tokyo, Japan October 14, 2021. Eugene Hoshiko/Pool via REUTERS/File Photo

Japan will unveil further sanctions against Russia for its invasion of Ukraine as early as Friday after coordinating with Group of Seven (G7) allies on further punitive steps, Prime Minister Fumio Kishida said on Thursday.

He also said Japan would release a record amount of oil reserves to help curb prices in the wake of the war in Ukraine.

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