Japan to use nuclear reactors, renewable energy to lower dependency on Russian oil

Japanese Prime Minister Fumio Kishida has announced that his country will diversify energy procurement as well as use of nuclear reactors and renewables to lower dependency on Russian energy. Kishida me remarks in his speech in London's financial district. He stated that y would raise an investment of 150 trillion yen (nearly Rs 90 lakh crore) in next 10 years to meet energy needs, APA reported citing CNN. 

Furrmore, Fumio Kishida announced that y aim to make mos of pro-carbon pricing with investment of 150 trillion yen (₹88 lakh crore). He stated that economy of Japan would continue to increase and he called on people to invest in it. It is to mention here that ever since Russian military offensive in Ukraine started on February 24, Japan has been announcing sanctions against Moscow and offering support to Ukraine. In latest update, Japanese Prime Minister Fumio Kishida on Thursday, 5 May, announced fresh sanctions against Russia which continues its aggression in Ukraine.

According to Japanese government decision, assets held by around 140 more individuals will be frozen and about 70 military organisations will be ded to list of entities that have been banned from exporting, Jiji Press reported. Furrmore, Kishida said that Japan will ban exports of quantum computers and or cutting-edge products to Russia and freeze assets of some Russian banks, as per news report. He asserted that Group of Seven countries need to bolster ir unity to protect international peace and stressed that y need to work toger to increase ir pressure on Russia.  

Fumio Kishida meets UK Prime Minister Boris Johnson

Meanwhile, Fumio Kishida met with British Prime Minister Boris Johnson at Downing Street to discuss global security and strengning bilateral ties. During meeting, two leers agreed that "Russia’s barbaric invasion marked end of post-Cold War period," according to statement released by UK government. Kishida and Johnson stressed that Russia's offensive in Ukraine h implications for wider international stability. Both sides highlighted need for democracies around world to stand toger against authoritarian regimes. Japanese Prime Minister and his British counterpart discussed North Korea's ballistic missile launch and condemned "provocative actions." Kishida and Johnson agreed that both countries were making significant progress on UK’s Future Combat Air System (FCAS),

Image: AP