
Skyscrapers on the waterfront of the Chuo district in Tokyo. File photoTOKYO, Apr 19 Tokyo fears the negative impact of anti-Russian sanctions and the situation in Ukraine on the Japanese economy, the government is going to study ways to respond, said Minister of Economy, Trade and Industry Koichi Hagiuda.»We have concerns regarding the possible impact on the lives of citizens and businesses, not only against the background of the measures, but in light of the situation in Ukraine as a whole. We will continue to closely monitor this,» he said.
Japan spoke about a plan to counter the circumvention of anti-Russian sanctions Hagiuda added that the government will soon form a group of experts in the field of the use of renewable energy sources, in particular solar panels. A new package of anti-Russian sanctions, including a ban on the supply of 38 goods, entered into force in Japan on 19 April. The main imports subject to restrictive measures are veneer (at the end of last year it was delivered in the amount of 8.48 billion yen or about 67 million dollars), pine wood and wood chips in the amount of 1.34 billion yen (one million dollars), engine parts for ships and aircraft — 5.26 billion yen (41.5 million dollars), cars and motorcycles — 120 and 110 million yen respectively (about one million dollars), beer in the amount of about 11.8 million yen (93 thousand dollars) and vodka for 37.3 million yen (294 thousand dollars). In fact, this is the first ban on the import of goods from Russia, contracts already signed will be valid until July 18. At the same time, the Russian government banned the supply of certain types of timber to unfriendly countries.
The government has restricted the export of timber to unfriendly countries

