Tokyo has severed banking and trade ties with Russia over Moscow¡¯s invasion of Ukraine, but a tobacco company in which Japan owns a one-third stake is still operating there and churning out brand-name cigarettes like Winston and Camel.
The government¡¯s inaction on Japan Tobacco Inc. has put the administration in an awkward position as it steps up sanctions. Here¡¯s what¡¯s at stake.
Why is Russia so important to Japan Tobacco?
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