Press Releases
Measures based on the Foreign Exchange and Foreign Trade Act regarding the situation surrounding Ukraine
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 “Asset Freeze for individuals and entities of the Russian Federation and other measures” (as of September 12, 2025), and the Cabinet Understanding “Measures to the prohibitions on the imports and on the provision of services related to the maritime transportation of the Russian-origin crude oil and oil products traded at prices exceeding the price cap” (as of December 5, 2022).
1. Contents of the measures
- Asset Freeze measures
Measures (i) and (ii) will come into effect for entities and individuals of the Russian Federation (47 entities and 9 individuals) ; individuals and entities 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 individuals and entities of eastern and southern regions of Ukraine, which are considered to be directly involved in the purported “incorporation” by Russia (5 individuals and 1 entity); and entities of countries other than the Russian Federation and the Republic of Belarus (3 entities) listed in the Ministry of Foreign Affairs Notice (issued on September 12).
(i) Restriction on payment
A permission system will be applied to payments, etc. to individuals and entities listed in 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 listed in the Ministry of Foreign Affairs Notice. - 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 2 specific entities of the Russian Federation; and 9 specific entities of countries other than the Russian Federation and the Republic of Belarus listed in the Ministry of Foreign Affairs Notice (issued on September 12) will be introduced.
- Measures to lower the price cap, in relation to the prohibition on the imports, capital transactions, specified capital transactions and the provision of services related to the purchase of the seaborne Russian-origin crude oil traded at prices exceeding the price cap.
In case a price of the seaborne Russian-origin crude oil exceeds the price cap, the imports of such Russian-origin crude oil as well as capital transactions, specified capital transactions and the provision of services (including intermediary trade transactions) specified in the Notices by Ministry of Finance and Ministry of Economy, Trade and Industry, related to the purchase of the seaborne Russian-origin crude oil, are subject to approval or permission of Minister of Finance or Minister of Economy, Trade and Industry. Effective September 12, 2025, the price cap will be lowered from USD 60 to USD 47.6 per barrel.
(Note) The lowered price cap will apply to the imports of the Russian crude oil as well as the performance of obligations and the provision of services or benefits related to such oil, on or after September 12, 2025. However, the former price cap applies to:
- the imports of the Russian-origin crude oil unloaded in Japan on or before October 17, 2025,
- the performance of obligations and the provision of services or benefits which are based on contracts concluded before September 12, 2025, and are related to the purchase of the seaborne Russian-origin crude oil, shipped prior to September 12 and unloaded on or before October 17, 2025.
2. List of individuals and entities subject to asset freeze measures and other measures
Reference :
(Appendix1) Entities and individuals of the Russian Federation subject to asset freeze measures and others (PDF) 
(Appendix2) Individuals and entities 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 individuals and entities of eastern and southern regions of Ukraine, which are considered to be directly involved in the purported “incorporation” by Russia, subjects to asset freeze measures and others (PDF)
(Appendix3) Entities of countries and regions other than the Russian Federation and the Republic of Belarus, subjects to asset freeze measures and others (PDF)
(Appendix4) Specific entities of the Russian Federation subject to export-related prohibitions (PDF)
(Appendix5) Specific entities of countries other than the Russian Federation and the Republic of Belarus subject to export-related prohibitions (PDF)
(Appendix6) Individuals removed from the list of individuals of the Russian Federation subject to asset freeze measures and others (PDF)