Is Russia’s seizure of Japan Tobacco assets the last straw for Tokyo amid frosty ties?

South China Morning Post - Nov 7, 2026

Russia’s seizure of the assets of a Japanese company could prove to be Tokyo’s red line after a series of bitter exchanges between both nations and ties that continue to spiral. The Japanese government on Friday lodged a formal complaint with Russia and demanded that Moscow immediately reverse a decree announced the previous day that transferred the assets of Japan Tobacco International (JTI) to Russian control. Analysts say the decree, signed by Russian President Vladimir Putin, is likely a...

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