Japan Lodges Formal Protest as Russia Seizes Japan Tobacco International Assets
Summary
Japan's government lodged a formal complaint with Russia on Friday and demanded that Moscow immediately reverse a decree signed by President Vladimir Putin that transferred the assets of Japan Tobacco International (JTI) to Russian control. The decree was announced the previous day. Analysts quoted by the South China Morning Post say the seizure could prove to be Tokyo's red line after a series of bitter exchanges, as ties between the two nations continue to spiral.
Timeline
South China Morning Post
Source ↗The South China Morning Post reports that Japan lodged a formal complaint with Russia on Friday and demanded that Moscow reverse a decree transferring Japan Tobacco International's assets to Russian control, and asks whether the seizure could be Tokyo's red line amid frosty ties.

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