Skip to content
Edit post

Japan sanctions China-based companies, other entities over support for Russia's aggression

by Martin Fornusek June 21, 2024 8:48 AM 2 min read
A Japanese flag flies outside the Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, March 14, 2024. (Shoko Takayasu/Bloomberg via Getty Images)
This audio is created with AI assistance

Japan on June 21 for the first time announced sanctions against China-based companies over their support for Russian aggression.

The new measures also targeted companies based in India, Kazakhstan, and Uzbekistan, as well as Russian entities and officials.

The targeted companies include China-based Yilufa Electronics Limited or Hong Kong-based Asia Pacific Links, which has provided microchips for Russian drones, Reuters noted.

China is Russia's leading source of dual-use goods needed to fuel the Russian defense industry.

The new list of Japanese sanctions also includes 10 Russian government electorate commission officials and executives of companies of the Russian military-industrial complex.

It further blacklists 27 Russia-based organizations for their involvement in the occupation of Ukrainian territories, among others.

The restrictive measures include freezing of assets and restrictions on transactions.

While not providing lethal military aid to Kyiv, Tokyo has been supportive of Ukraine's struggle against the full-scale Russian invasion.

President Volodymyr Zelensky said in April that the East Asian country has already provided Ukraine with more than $12 billion in non-military assistance since the start of the full-scale war.

Japan has also previously joined the international sanctions regime against Russia and other steps taken against Moscow within the Group of Seven (G7).

G7 loan from Russian assets not ‘substitute for full confiscation,’ experts say
The new Group of Seven (G7) plan to fund Ukraine using profits from frozen Russian assets is a “breakthrough,” but Ukraine’s goal is still to seize the full worth of the assets, said experts speaking at a panel event in Kyiv discussing Russian asset seizure on June 17. “This

News Feed

MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.