Press Releases
Partial lifting of “asset freezing and other measures imposed on Syrian President Al-Assad and related individuals and entities”
Japan has been applying “asset freezing and other measures imposed on Syrian President Al-Assad and related individuals and entities” in order to contribute to the international efforts for achieving international peace.
For the purpose of contributing to the international efforts aiming at achieving international peace through resolving issues surrounding Syria, in line with the measures taken by other major countries, the Government of Japan has introduced the following measures, based on the Cabinet Understanding of “Partial lifting of ‘the asset freezing and other measures imposed on Syrian President Al-Assad and related individuals and entities’” as of May 30, 2025.
- Decision
Based on the Ministry of Foreign Affairs Notice (promulgated on May 30), entities listed (in item 2) below are to be removed from the list of entities subject to asset freezing and other measures. - Entities removed from the list
- Industrial Bank
- Popular Credit Bank
- Saving Bank
- Agricultural Cooperative Bank
(Note) After the partial lifting this time, “the asset freezing and other measures imposed on Syrian President Al-Assad and related individuals and entities” will remain imposed on 59 individuals and 31 entities.
(Reference) Asset freezing and other measures
Asset freezing and other measures are measures to prevent money transfer to and from individuals and entities designated by the Ministry of Foreign Affairs Notice, by imposing the obligation to obtain permission from the Minister of Finance and the Minister of Economy, Trade and Industry, under the Foreign Exchange and Foreign Trade Act.