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Japan please to be spared sanctions penalties

AP  |  Tehran 

says it is pleased to be temporarily spared from penalties as the U.S. resumes sanctions on

Yoshihide Suga, however, told reporters Tuesday that will monitor and analyze any possible impact the sanctions may have to make sure the sanctions do not adversely affect Japanese companies.

reinstated all remaining sanctions on on Monday.

A US ally, is one of eight major importers of Iranian that received waivers on immediate penalties.

Suga said Japan's exclusion reflects Washington's consideration of Tokyo's repeated requests to minimize the impact of sanctions on Japanese companies.

He said Japan will continue to cooperate closely and discuss the issue with the US side.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, November 06 2018. 14:05 IST