Russia-Japan trade surges despite sanctions – media ...News

The growth is being driven by high global energy prices Trade between Russia and Japan saw an annual increase of 10% in the first 11 months of 2022 despite Ukraine-related sanctions introduced against Moscow by the West, according to estimates made by TASS, based on Japanese trade statistics. In monetary terms, bilateral trade reportedly amounted to 2.365 trillion yen (some $18 billion). The increase was mainly attributed to volatility on the global energy market, as oil prices surged due to economies re-opening after Covid-19, followed by anti-Russia sanctions and Moscow’s retaliatory measures. Russia, one of the

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