Japan-Ukraine Relations

January 10, 2025
Japanese

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 January 10, 2025”.

  1. Contents of the measures
    1. Asset Freeze measures

      Measures (i) and (ii) will come into effect for individuals and entities of the Russian Federation (11 individuals and 29 entities) ; specific banks of the Russian Federation (3 entities) ; and an individual and a specific bank of countries and regions other than the Russian Federation and the Republic of Belarus designated as subject to asset freeze measures by the Ministry of Foreign Affairs Notice (promulgated on January 10).

      (i) Restriction on payment
      A permission system will be applied to payments, etc. to individuals and entities designated by the Ministry of Foreign Affairs Notice.
      (ii) Restriction on capital transactions
      A permission system will be applied to capital transactions (i.e., contract of deposit, trust, and money loan) with the individuals and entities designated by the Ministry of Foreign Affairs Notice.

      (Note) Asset freeze measures for newly designated three specific banks of the Russian Federation and the specific bank of countries and regions other than the Russian Federation and the Republic of Belarus will be implemented from February 9, 2025.

    2. Prohibition on exports to specific entities of the Russian Federation　and countries other than the Russian Federation and the Republic of Belarus

      Prohibition on exports to 22 specific entities of the Russian Federation; and 31 specific entities of countries other than the Russian Federation and the Republic of Belarus designated by the Ministry of Foreign Affairs Notice (promulgated on January 10) will be introduced.

    3. Prohibition on exports to the Russian Federation of items which could contribute to the enhancement of Russian industrial capacities

      Prohibition on exports to the Russian Federation of items which could contribute to the enhancement of Russian industrial capacities will be additionally introduced.

  2. List of individuals and entities subject to asset freeze measures and other measures

    Reference :
    (Appendix1) Individuals, entities and specific banks of the Russian Federation subject to asset freeze measures and others Open a New Window
    (Appendix2) An individual and a specific bank of countries and regions other than the Russian Federation and the Republic of Belarus, subjects to asset freeze measures and others Open a New Window
    (Appendix3) Specific entities of the Russian Federation subject to export-related prohibitions Open a New Window
    (Appendix4) Specific entities of countries other than the Russian Federation and the Republic of Belarus subject to export-related prohibitions Open a New Window
    (Appendix5) Individuals removed from the list of entities and individuals considered to be directly involved in the “annexation” of the Autonomous Republic of Crimea and the City of Sevastopol or the destabilization of Eastern Part of Ukraine, as well as entities and individuals of eastern and southern regions of Ukraine, which are considered to be directly involved in the purported “incorporation” by Russia, subject to asset freeze measures and others Open a New Window
    (Appendix6) Individuals removed from the list of individuals of the Russian Federation subject to asset freeze measures and others Open a New Window

Related Links

Back to Japan-Ukraine Relations