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Japan lifts Russia's 'most favored nation' trade status due to invasion of Ukraine.

by The Kyiv Independent news desk April 20, 2022 7:58 PM 1 min read
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On April 20, the Japanese parliament officially lifted the status in response to Russian atrocities against civilians in Ukraine. Now Japan will be able to impose higher duties on most goods imported from Russia, except for crude oil, liquefied natural gas and palladium.

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Hungary loses out on about $1 billion in EU aid.

The aid package was conditional on Hungary implementing reforms to bring the country into compliance with EU standards by the end of 2024. Budapest failed to meet the requirements, a European Commission spokesperson said.
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