Measures based on the Foreign Exchange and Foreign Trade Law to Freeze the Assets of Persons and Entities Engaged in Iran's Proliferation Sensitive Nuclear and Other Activities and to Prohibit the Import of Arms from Iran
May 18, 2007
Based on United Nations Security Council (UNSC) resolution 1747, the
Government of Japan has decided through Cabinet approval on May 18 to invoke the
implementation of "Measures to Freeze the Assets of Persons and Entities Engaged
in Iran's Proliferation Sensitive Nuclear and Other Activities and to Prohibit
the Import of Arms from Iran" in accordance with the Foreign Exchange and
Foreign Trade Law, as follows:
(1) Additional measures to freeze the
assets of those engaged in Iran's nuclear and other activities
Based on UNSC
resolution 1737, Japan has taken such measures as freezing the assets of the 10
entities and 12 persons designated in the Annex to the resolution as related to
Iran's proliferation sensitive nuclear and other activities and development of
nuclear weapon delivery systems (hereafter "nuclear and other activities").
Since 13 entities and 15 persons were additionally designated in the Annex I to
UNSC resolution 1747, the Government of Japan invokes measures to freeze the
assets of these persons and entities.
(a) Payment regulation
Effective
as of May 18 (Fri), a license system shall be applied to payments to those
persons and entities designated in the Annex I to UNSC resolution 1747 as
engaged in Iran's nuclear and other activities.
(b) Capital transaction
regulation
Effective as of May 18 (Fri), a license system shall be applied to
capital transactions (deposit contract, trust contract and money lending
contract) with those designated persons and entities.
NB1: With the
introduction of these measures, the total number of those designated as engaged
in Iran's nuclear and other activities is now 23 entities and 27
persons.
NB2: In addition to the measures described above, in order to to
implement UNSC resolution 1747, financial institutions are called for attention
to exercise vigilance and restraint of remittances for the purposes of which is
to contribute to accumulation of arms in Iran.
(2)Measures to prohibit
the procurement of arms and related material from Iran
Effective as of May 19
(Sat), prohibition shall be applied to imports of arms and related material
(items listed in the middle column of the section I of Annex I of the Export
Trade Control Order) originating from or shipped from Iran.
Related Information (Japan-Iran Relations)
Related Information (Arms Control, Disarmament and Non-Proliferation)