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Russia Calls JT Takeover a Countermeasure Against Sanctions

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MOSCOW –
Russia’s Foreign Ministry on November 11 defended the government’s unilateral decision to place the local subsidiary of Japan Tobacco (JT) under the management of a Russian company, describing the move as a countermeasure against what it called Japan’s “blatantly hostile actions.”

Foreign Ministry spokeswoman Maria Zakharova said the decision was intended to “minimize the negative impact” of economic sanctions imposed by Japan against Russia.

Zakharova also argued that the measure was proportionate to Japan’s sanctions, rejecting criticism of Moscow’s decision to transfer control of the Japanese company’s local operations to a Russian entity.

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