Daily Management Review

Japan expects energy supply disruptions


The Japanese government intends to work closely with the U.S. and European countries.

The interaction will be aimed at preventing possible negative effects on energy supplies to the country amid sanctions imposed against Russia, including disconnection of a number of Russian banks from SWIFT, said the head of the Japanese Ministry of Economy, Trade and Industry Koichi Hagiuda. 

"We intend to cooperate with the U.S. and European countries to prevent interference in energy supplies to Japan," the minister told reporters, commenting on the disconnection of a number of Russian banks from SWIFT.

Russian President Vladimir Putin signed decrees recognizing the Donetsk and Lugansk People's Republics on February 21, and Russia launched a special military operation to demilitarize Ukraine on February 24. In response, Western countries imposed the next anti-Russian sanctions since 2014.

source: reuters.com