Measures based on the Foreign Exchange and Foreign Trade Law to Prevent the Transfer of Financial Resources and to Prohibit the Import of Items related to Iran's Proliferation Sensitive Nuclear Activities and Development of Nuclear Weapon Delivery Systems

February 16, 2007

Based on UNSC resolution 1737 and Cabinet approval, the Government of Japan has decided to invoke on the implementation of "Measures based on the Foreign Exchange and Foreign Trade Law to Prevent the Transfer of Financial Resources and to prohibit the Import of Items related to Iran's Proliferation Sensitive Nuclear Activities and Development of Nuclear Weapon Delivery Systems (hereafter "nuclear and other activities")" through Foreign Exchange and Foreign Trade Law, starting from February 17 (Sat) as follows:

(1) Measures to freeze the assets of those engaged in Iran's nuclear and other activities.

(a) Payment regulation

A license system shall be applied to payments to those designated in the Annex of the resolution as engaged in Iran's nuclear and other activities.

(b) Capital transaction regulation

A license system shall be applied to capital transactions (deposit contract, trust contract and money lending contract) with those designated.

(2) Measures to prevent transfer of financial resources, the purpose of which is to contribute to Iran's nuclear activities

A license system shall be applied to payment to Iran for the purpose of which is to contribute to supply, sales or transfer to Iran, or manufacture or use in Iran, of goods and technology related to Iran's nuclear and other activities.

(3) Measures to prohibit procurement of items related to Iran's nuclear and other activities from Iran

An approval system shall be applied to import of items originating from or shipped from Iran, which are designated in the resolution as related to Iran's nuclear and other activities.

(END)


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