Japan’s Kishida Vows to Phase Out Russian Oil Imports, Add Sanctions

Japanese Prime Minister Fumio Kishida speaks during a news conference at the prime minister's official residence, in Tokyo, Japan, on Oct. 14, 2021. Eugene Hoshiko/AP Photo, File

Japan will take measures to phase out imports of Russian oil in tandem with the Group of Seven (G7) nations’ campaign against Russia’s invasion of Ukraine, Prime Minister Fumio Kishida said on Monday.

But the plan for Japan to keep its stakes in the Russian oil and natural gas projects remains unchanged, Kishida told reporters, according to Kyodo News.