Introduction During September 2023, the US, UK, and EU, and Japan, updated their Common High Priority Items Lists (“the List(s)”), with seven new Harmonized System (“HS”) codes. These coordinated Lists are composed of items identified as critical to Russia’s war effort, weapons systems and military development. The Lists highlight to businesses that there is a particularly high risk these sanctioned items may be the target of sanctions circumvention and possible diversion to Russia. Companies can…
The Japanese government introduced further sanctions against Russia on 26 May 2023. These include: Designations of additional Russian individuals and entities The Japanese government designated an additional 17 individuals and 78 entities related to the Russian Federation and 7 individuals who were judged to be directly related with the “annexation” of the Autonomous Republic of Crimea and Sevastopol or the destabilization of the eastern part of Ukraine or who are connected with the eastern and…
On May 23, 2023, Japanese government announced an amendment of the export control regulations on the additional semiconductor related items, which will go into effect on July 23, 2023. The overview of the amendment of the Products and Technologies Specifications Ministry Order (“Ministry Order”), to which specific products and technologies were added to the controlled items, is as follows: From the international peace keeping and security point of view, items related with advanced semiconductor manufacturing…
The G7 announced the creation of a new Enforcement Coordination Mechanism “to bolster compliance and enforcement of our measures and deny Russia the benefit of G7 economies” on the one-year anniversary of Russia’s invasion of Ukraine. Having focused on the enforcement of sanctions by the United States, United Kingdom, the European Union, Germany, France, Italy, and Canada in the past weeks, we continue our overview with enforcement trends in Japan. 1. What are the recent sanctions enforcement trends in Japan? Japan…