Japan Issues New Russia Sanctions, Export Controls
Japan last week announced new sanctions and export controls against Russia for its invasion of Ukraine, designating more than 80 people and entities and introducing new restrictions on certain exports and services to Russia. The financial sanctions apply to parties “directly involved” in Russia’s actions in Crimea, Sevastopol and other regions of Ukraine, Japan’s Ministry of Foreign Affairs said, and the export controls apply to 80 sanctioned entities and items that could “contribute to the enhancement of Russian industrial capacities.” Japan also imposed a prohibition on providing architectural and engineering services to Russia.
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The financial sanctions target various Russian arms dealers, military officials, state-controlled media, research institutes, financial institutions and more, according to an unofficial translation of a notice released May 26. Separate notices specify which entities are subject to export restrictions and detail other people and companies subject to asset freezes.