Japan: Sanctions on billionaire, 11 Duma members and other Russians

The Japanese Ministry of Finance announced today that it has decided to freeze any resources in the Japanese jurisdiction of another 17 Russians, increasing the total number of persons to be sanctioned due to the Russian invasion of Ukraine to 61.

The measure was announced just 24 hours after the United States imposed sanctions on several more Russians on Friday, including billionaire Victor Wexelberg and 12 members of the Duma, Russia’s lower house of parliament.

Mr Wexelberg was among those to whom Tokyo also imposes sanctions, as did 11 members of the Duma and five members of the family of Russian banker Yuri Kovalchuk, the finance ministry said.

Japan will coordinate with the rest of the G7 countries on sanctions, said Hirokazu Matsuno, a government spokesman.

Tokyo had already announced sanctions on Russia’s central bank and seven private Russian banks, as well as on Belarusians, Belarusian banks and Belarusian organizations over Minsk support in Moscow.

As part of the measures against Moscow, Tokyo also announced that it was extending the ban on exports to Russia of 31 items, in particular semiconductors, communication equipment, sensors, radar and 26 more items of technology from Friday.

SOURCE: AMPE

Source: Capital

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