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Latest News Update: Japan Revives Ban on Foreign Visitors Due to Omicron Concerns

In order to respond to the emergence of Omicron varieties, Japan will ban foreigners from entering the country and overturn the relaxation of the rules three weeks ago.

Prime Minister Fumio Kishida announced a decision to take effect on Monday and Tuesday at midnight.

“We are dealing with Omicron variants with a strong sense of crisis,” Kishida told reporters. “We continue to consider further strengthening border control measures as it appears to be spread around the world.”

The new ban is intended for international students, trainees, workers, and short-term business travelers migrating to Japan. Under relaxation announced three weeks ago, vaccinated business travelers were able to visit Japan with a minimum of three days of quarantine.

According to Fumio Kishida, Japanese returning from South Africa, neighboring countries and other Omicron cases must be quarantined at government-controlled facilities.

Despite the weekend’s Omicron news, Tokyo’s morning session was relatively positive, with NY futures continuing to trade positively, causing the opening price to fall before lunch, according to Tokyo traders.

However, Japan’s foreign immigration headlines have hit sentiment hard, pushing down previously high-priced stocks in hopes of a gradual return to the tourism market.

Stocks at Japan Airlines Terminal and some major railroad companies plummeted.

“Japan is just beginning to be open to short-term visitors, which seems to be a step back,” said Takeo Kamai, Head of Executive Services at CLSA. “There is a lot of uncertainty and the Tokyo market will always trade conservatively at such times.”

Latest News Update: Japan Revives Ban on Foreign Visitors Due to Omicron Concerns

Source link Latest News Update: Japan Revives Ban on Foreign Visitors Due to Omicron Concerns

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