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Tuesday, March 21, 2023

Japan toughens sanctions on Russian officials and companies

Japanese authorities announced a freeze on the assets of 48 people and 74 Russian organisations, including a bank, on the anniversary of the Russian military invasion of Ukraine.

The new sanctions list includes Russian Deputy Defense Minister Viktor Goremykin and Kalashnikov Concern chairman Alan Lushnikov, among others. Restrictions also apply to Alexander Khaharichev, head of the presidential department responsible for ensuring the activities of the State Council, his deputy Boris Rapoport and Turpal-Ali Ibragimov, who was named a relative of the leader of Chechnya, Ramzan Kadyrov . Employees of the General Staff of the Armed Forces of Russia and a computer center of the General Staff were also under sanctions.

The Japanese government imposes restrictions on Ak Bars Holding, the Soyuz Federal Center for Dual Technologies and Ruselectronics Holding, a number of institutes and research centers associated with the military-industrial complex, including the Institute of physical. PN Lebedev.

The list of organizations whose assets, if found, will be frozen include NPO Kvant, Vympel shipbuilding plant, Fakel design bureau and Radioavionika OJSC.

In addition, sanctions are imposed on Rosbank and PMC Wagner.

A separate sanctions list includes representatives of Crimea annexed to Russia, the so-called “DPR” and “LPR” (in official Russian terminology, the Donetsk and Lugansk regions of Ukraine are called that), as well as people involved in the annexation of parts of Zaporizhzhia and Kherson regions in Ukraine.

On February 25, Japanese Prime Minister Fumio Kishida announced the extension of the sanctions. It involved freezing the assets of 120 Russian natural and legal persons. Japan will also ban the export of goods that could support Russian industry, such as drone parts. In total, about 900 Russians and about 450 Russian organizations and companies are on Japan’s restrictive lists.

Since the beginning of Russia’s full-scale military invasion of Ukraine in February 2022, Japan has imposed sanctions on Russian President Vladimir Putin, senior officials in the country and their relatives, banks and companies, and has stripped Russia of its Most Favored Nation status in trade. At the same time, Tokyo announced that it would provide military and humanitarian aid to Ukraine.

Russia included Japan in the list of “hostile countries” and announced that it was withdrawing from the dialogue with Japan on the establishment of joint economic activities in the Southern Kuriles. Russia has banned Japanese sailors from fishing off the southern Kuril Islands. The Russian-Japanese agreement of 1998 gave them such a right.

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