- Japan has imposed further sanctions against Russia, designating 17 individuals and 78 entities related to the country, as well as seven individuals directly related to the “annexation” of the Autonomous Republic of Crimea and Sevastopol or the destabilization of eastern Ukraine.
- Restrictions have been placed on payments and capital transactions, while an export ban has been imposed on 80 designated entities of the Russian Federation.
- An export ban on industrial infrastructure reinforcement related goods to Russia has also been introduced, along with a service ban on construction and engineering services. The details of the latter two measures will be announced later.
- The newly designated persons/entities can be viewed on the Japanese government’s website and previous sanctions can be found in their previous blogs.
Source Baker & McKenzie
Latest Posts in "Japan"
- Japan’s Food Tax Waiver Faces Year-Long Delay Due to Cash Register Challenges
- IMF Urges Japan to Gradually Raise Rates, Target Tax Relief to Vulnerable Groups
- Cross-Party Group Begins Talks on Consumption Tax Cut, Aims for Interim Report by Summer
- PM Takaichi Rules Out Future Consumption Tax Hike, Plans Refundable Tax Credit System
- Japan Plans Temporary Suspension of 8% Food Consumption Tax Amid Inflation and Political Uncertainty














