Japan sanctioned Russia and Belarus organizations

Japan sanctioned 90 more individuals and organizations of Russia and Belarus

The additional sanctions package includes the freezing of the assets of those directly involved in “the unrest in eastern Ukraine.”

Japan’s Finance Ministry announced on July 5 that the government had added 90 Russian and Belarusian individuals and entities to the sanctions list related to the conflict in Ukraine.

Specifically, the new sanctions package includes the freezing of the assets of those directly involved in the “unstable situation in eastern Ukraine.”

In addition, Japan announced a ban on exports to the country for 65 Russian institutions and 25 Belarusian institutions, and imposed a ban on gold imports from the Russian Federation.

From September 5, the provision of certain services to Russian clients is also prohibited, including trust services, accounting/auditing services and management consulting services.

Separately, Belarus said on July 5 it had frozen foreign stakes in 190 of its companies, including EPAM Systems and Lukoil Belarus, in response to Western sanctions.

A decree published on the parliament’s official website said shareholders from countries that acted unfriendly to legitimate entities or individuals of Belarus would be prohibited from making decisions on their shares” in Belarusian companies.