Will Japan Do Away With Russian Oil Imports Completely?
The Asian country which had not taken sides till now, is finally doing so. Japan has now said that it intends to phase the country out of using Russian oil, in a bid to join hands with the G7 nations in their fight against Russia’s war with Ukraine.
The humanitarian crises have not been
taken very well by anyone in the West. Literally every nation has protested
against the humanitarian disaster created by Kremlin in Ukraine and its various
cities. The devastation is horrid.
On the weekend, leaders from the G-7
countries met online and announced their commitment to ban or phase out Russian
oil imports in their latest effort to pressure Moscow into ending its
aggression on Ukraine. “It’s an extremely difficult decision for a country that
mostly relies on energy imports, including oil,” the Japanese PM Fumio Kishida
told reporters the next day.
Adding on to his conversation, he said,
“G-7 unity is most important right now.” Kishida said it will be a gradual and slow
process of phasing out Russian oil imports and that details and timeline will
be decided later as the process requires securing alternative energy sources.
Not too significant, but about 4% of Japanese oil imports come from Russia.
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