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Japan extends sanctions against Russia

Japan extends sanctions against Russia
Author: Maria Kholina

The Japanese government has introduced new sanctions against Russian private individuals and defense companies. In total, the list includes 11 individuals and 42 companies, according to the Ministry of Foreign Affairs of Japan.

"In view of the current international situation over Ukraine, and for the purpose of contributing to the international efforts for achieving international peace aimed at a solution of the issue, in line with the measures taken by other major countries, the Government of Japan has introduced the following measures under the Foreign Exchange and Foreign Trade Act, based on the Cabinet Understanding of 'Asset Freeze for individuals and entities of the Russian Federation and other measures as of June 21, 2024'," the statement said.

Among those affected by the Japanese restrictions are the CEO of Tactical Missiles Corporation Boris Obnosov, CEO of Uralvagonzavod Alexander Potapov, chief designer of AMNTK Soyuz Mkrtich Okroyan, secretary of the Central Election Commission of Russia Natalia Budarina, and members of the Central Election Commission Elmira Khaimurzina, Alexander Kurdyumov, and Anton Lopatin.

Additionally, Tokyo has sanctioned the so-called head of the Ministry of Education of the occupied part of the Zaporizhzhia region, Olena Shapurova.

The sanctions also apply to companies such as Alrosa, Krympatriotcentr, as well as defense enterprises including Uraltransmash, NVO Kurganpribor, ChTZ-Uraltrak, Nizhny Novgorod Plant of the 70th Anniversary of Victory, Degtyarev Plant, Device Consulting, Oboronlogistics, Compel, Orelmetallpolymer, and VNIIRE-Progress.

EU sanctions against Russia

Since the beginning of the full-scale aggression in Ukraine, the European Union has already implemented 13 packages of sanctions that undermine Russia's economic and military potential. Work on the 14th package of sanctions is in full swing, and it is expected to include new restrictions on 21 Russian companies.

According to Lithuanian Foreign Minister Gabrielius Landsbergis, in addition to tightening sanctions, the new package is also aimed at making it more difficult for businesses to circumvent existing restrictions.

It was previously reported that EU ambassadors have agreed on the 14th package of sanctions against Russia.