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Reuters
Reuters
Business

Japan, U.S. agree to continue to work closely against Russia - Finance Minister

Japan Russia United States Shunichi Suzuki Ukraine
FILE PHOTO: Japan's new Finance Minister Shunichi Suzuki wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, speaks at a news conference in Tokyo, Japan, October 5, 2021. REUTERS/Kim Kyung-Hoon/File Photo

Japan and the United States confirmed their intention to have Russia "pay the high price" for its outrageous act against Ukraine, Finance Minister Shunichi Suzuki said on Tuesday.

Speaking shortly after his online talks with U.S. Treasury Secretary Janet Yellen, Suzuki said the both sides agreed to continue to coordinate with each other in acting against Russia, which invaded neighboring Ukraine on Feb. 24.

The fact that Russian central bank raised interest rates is reflecting sanctions against Russia is having an impact, he added.

(Reporting by Tetsushi Kajimoto; Editing by Christian Schmollinger)

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