CORRECTED: FOCUS: Japan's exports of sanctions-exempt used vehicles to Russia surge
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Japan's exports of used vehicles to Russia, exempt from sanctions imposed over Moscow's invasion of Ukraine, have surged to their highest level in more than a decade. Moscow's success in keeping the ruble strong despite the sanctions has also boosted Russians' appetite for used but high-quality Japanese vehicles, which can be exported so long as they are worth less than 6 million yen ($43,400). Japan's total exports of secondhand cars to Russia were the highest on record since January 2009, according to government data. Toyama Prefecture, which has long been a hub for exports of vehicles acros...