Feb 25 (NHK) - Japan's finance minister says his government is ramping up its sanctions against Russia over its invasion of Ukraine. He says it will freeze assets belonging to three Russian banks.
Suzuki Shunichi told reporters on Friday that Japan will join the US and European countries in taking swift and strong measures against Russia in financial and export-control areas.
Suzuki said the assets that will be frozen belong to the State Corporation Bank for Development and Foreign Economic Affairs and two other banks.
The minister warned that the risk of cyberattacks will rise, an apparent reference to the threat of retaliation by Russia, and urged Japanese financial institutions to tighten their security.
