Japan imposes new sanctions on Russia

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi.

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi. | Photo Credit: AP

Japan on Friday (January 10, 2025) approved additional sanctions against Russia over its war on Ukraine, including freezing the assets of dozens of individuals and groups and banning exports to dozens of organizations in Russia and several other countries that have allegedly helped it evade sanctions.

Chief Cabinet Secretary Yoshimasa Hayashi said Friday’s Cabinet the additional sanctions show Japan’s commitment to the Group of Seven’s effort to strengthen sanctions against Russia over its invasion of Ukraine.

Explained | The Russia-Ukraine crisis and economic sanctions as a foreign policy measure

Japan has imposed several previous rounds of sanctions, and the latest step comes a month after Prime Minister Shigeru Ishiba reaffirmed the country’s policy at an online G7 summit in mid-December.

“It is Japan’s contribution as part of the international effort toward achieving global peace and resolving the problems surrounding Ukraine because of Russian invasion,” Mr. Hayashi said.

According to a joint statement by Japan’s foreign, trade and finance ministries, 11 individuals, 29 organizations and three banks from Russia, as well as a North Korean and a Georgian bank that allegedly helped evade sanctions, were added to an asset freeze list.

The Cabinet approved imposing total export bans on 22 Russian military-related organizations, including technology and machinery makers.

It also approved a list of 335 items that cannot be exported to Russia, effective Jan. 23. That list includes construction vehicle engines and parts, motorized bicycles, communication and acoustic devices, mechanical tools and valves, according to the trade and industry ministry.

Export restrictions will also be applied to 31 non-Russian groups that the government says helped Russia to divert restricted goods and evade sanctions — 11 based in Hong Kong, seven in mainland China, eight in Turkey, two in Kyrgyzstan and one each in Thailand, the UAE, and Kazakhstan.

Also Read | U.K. announces new Russia sanctions, including diamond ban

Japan’s additional sanctions and export restrictions are in line with the G7 attempt to prevent Russia from evading sanctions with help from third countries and include a ban on exporting materials that could help strengthen Russia’s industrial base, Mr. Hayashi said.

Japan has closely cooperated with the G7 in sanctioning against Russia and supporting Ukraine amid growing concern about the war’s impact Asia, where China has threatened to use force to exert its control over Taiwan.

Published – January 10, 2025 01:42 pm IST

Manas Ranjan Sahoo
Manas Ranjan Sahoo

I’m Manas Ranjan Sahoo: Founder of “Webtirety Software”. I’m a Full-time Software Professional and an aspiring entrepreneur, dedicated to growing this platform as large as possible. I love to Write Blogs on Software, Mobile applications, Web Technology, eCommerce, SEO, and about My experience with Life.

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