Russia Seizes Japan Tobacco Assets: A Red Line for Tokyo?

📡 South China Morning Post (SCMP) · 1 min read ·
Russia Seizes Japan Tobacco Assets: A Red Line for Tokyo?
Russia has seized the assets of a Japanese company. This move could be Tokyo's red line after a series of bitter exchanges between the two nations. Ties between the countries continue to spiral downward. The Japanese government lodged a formal complaint with Russia on Friday. Tokyo demanded that Moscow immediately reverse a decree announced the previous day. That decree transferred the assets of Japan Tobacco International (JTI) to Russian control. Analysts say the decree, signed by Russian President Vladimir Putin, is likely a...