Russia Takes Control of Japan Tobacco's Russian Factories

Vladimir Putin has ordered the government to take over the local business of the Japanese tobacco giant.

The Russian government is now in charge of Japan Tobacco International’s factories in Russia. President Vladimir Putin signed an order to take over the company's local operations. This move puts the Russian government in control of a business that is a major part of the tobacco market in the region. Japan Tobacco International (JTI) is a huge company based in Japan. They have been running factories in Russia for a long time. The Japanese government is not happy about this. They have officially protested the move, calling the takeover unfair. This is not the first time Russia has taken cont…