EC Midday press briefing of 09/11/2026
9 November 2026
Contents updated on 9 Nov 2026
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European Commission
Follow its sittings00:00 - 00:31
Speaker 4
Satoko from NHK, the Japanese public TV. Just to follow-up on Russia, President Putin recently signed a decree to transfer several Russian assets of Japan Tobacco International under temporary management. Does the EU have any concerns as it as similar measures have in the past been imposed to other European companies, too?
00:31 - 01:09
Speaker 3
Yeah, I think I'm looking at Siobhan because this falls rather under the remit of Siobhan. Thank you, Anwar. This will then be the final question and answer for today. Siobhan.
01:09 - 02:03
Speaker 2
Hi, again. Of course, we always strongly condemn anytime that we see any decisions by Russia to seize assets of companies still operating there. I can't speak, I'm not particularly familiar with the situation of Japanese companies. I have also seen reports, but we have previously seen a number of European companies who are still operating in Russia have their control stripped without any due process. So, this is a obviously follows a clear pattern of economic retaliation and shows, of course, Russia's contempt for property rights and the rule of law.
And so, we have measures in place to respond. We have, we can sanction those that profit, of course, from those forced expropriations. And it does, unfortunately, show once again that Russia is not a safe environment for EU companies to do business.
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