Report
Putin places Japan Tobacco's Russian assets under temporary management
Japan has demanded the order's immediate withdrawal and lodged a protest with Moscow.
TLDR
The decree covers four manufacturing facilities held by JT International, Japan Tobacco's overseas subsidiary, placing the assets under a Russian company's temporary management. Chief Cabinet Secretary Kihara Minoru said Japan lodged a protest and demanded the order's immediate withdrawal. Russia has used similar measures against businesses from countries that sanctioned it over its invasion of Ukraine.
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