On March 29, 2022, the Japanese government announced which items will be subject to the ban on exports of luxury goods to Russia. The export ban applies to the following items (we have included the HS codes): alcoholic beverage: 22.03, 22.04(except for 2204.22 and 2204.30), 22.05, 22.06, 2207.10, 22.08 (limited to the products with value exceeding JPY 40,000);tobacco products: 24.02 (except for 2402.20) (limited to the products with value exceeding JPY 40,000) ;perfume, cosmetics: 33.03,…
On 25 March 2022, the Japanese government imposed further sanctions on the Russian Federation. The Japanese government designated an additional 25 individuals related to the Russian Federation, who are subject to the following sanctions: Restriction on payment: A license is required in order to make payment to the designated persons.Restrictions on capital transactions: A license is required on capital transactions including deposit contracts, trust contracts, money loan contracts, etc. with the designated persons. The Japanese…
The Japanese government has imposed further sanctions on the Russian Federation and the Republic of Belarus. On 11 March 2022, the government announced amendments to the Export Trade Control Order, which came into effect on 18 March 2022. The amendments ban the export of the following goods and products to the Russian Federation and Belarus: Controlled products, including machine tools, carbon fiber, high-performance semiconductors, etc. Goods reinforcing the military capabilities of the Russian Federation and…
The Japanese government recently announced additional sanctions on the Russian Federation and the Republic of Belarus. On 8 March 2022, the Japanese government designated a further 20 individuals and two entities related to the Russian Federation, and 12 individuals and 10 entities related to the Republic of Belarus. On 11 March 2022, the Japanese government designated three banks from the Republic of Belarus, namely: Belagroprombank, Bank Debrabyt and the Development Bank of the Republic of…