Regarding economic sanctions against Russia, Mr. Sakurada, the secretary-general of the Keizai Doyukai, said at a regular meeting on March 1 that measures to keep Russian banks out of the international payment network are effective, and will be affected by high crude oil prices. He acknowledged that companies must endure this.
Among them, Secretary-general Sakurada said, "It is probably the first time that Western countries have united so quickly and on a large scale." In case, I think it's one of the most effective economic sanctions. "
On that basis, he acknowledged that Japanese companies must endure the effects of high crude oil prices due to sanctions.
In addition, in connection with the announcement that the British oil giant will withdraw from the oil and natural gas development project in Russia's Saharin, which is also funded by a major Japanese trading company following the Russian military invasion, Mr. Sakurada said, " Businesses with countries that must treat the technologies covered by economic security with caution must be more cautious than ever before. "