Japan to freeze assets of Putin’s daughters as sanctions
11:40 JST, April 13, 2022
TOKYO (Jiji Press) — The government on Tuesday decided to freeze the assets of 398 individuals, including two daughters of Russian President Vladimir Putin, and 28 organizations as part of its additional sanctions for Russia’s invasion of Ukraine.
Tokyo made the decision, in line with a recent announcement by Prime Minister Fumio Kishida, in order to keep in step with other Group of Seven nations.
The 398 individuals who will see their assets frozen include Putin’s daughters, Maria Vorontsova and Katerina Tikhonova, as well as Russian Foreign Minister Sergei Lavrov’s wife and daughter.
The government also decided to ban imports of Russian alcoholic products including vodka, as well as electric and other machinery and wood, from April 19.
Products under existing import contracts will not be subject to the ban for three months.
It is the first time for Japan to impose an import ban as part of its sanctions against Russia for its military attacks on Ukraine.
Entities newly added to the asset freeze list include state-owned Sberbank, Russia’s largest bank, and top private lender Alfa Bank. Tokyo also decided to prohibit fresh investment in Russia from May 12.
"Politics" POPULAR ARTICLE
-
Japan PM Ishiba Says Corporate, Group Donations ‘Not Inappropriate’; Interpellations Start at Lower House
-
Japan’s LDP Proposes Third-Party Panel to Monitor Use of Political Funds; Draft Does Not Mention Banning Corporate Donations
-
Japan to Support Its Companies Expanding into Africa; Creating Initiative to Act as Bridge with Local Start-ups
-
Tourists’ Consumption Tax Exemption To Take New Form; Refunds When Departing To Replace Waivers When Buying
-
Japan, Italy, U.K. Launch Body To Manage Next-Generation Jet Project; U.K.-Headquartered Body Has Japanese Chief Executive
JN ACCESS RANKING
- Japan’s Kansai Economic Delegation Meets China Vice Premier, Confirm Cooperation; China Called to Expand Domestic Demand
- Yomiuri Stock Index to Launch in March; 333 Companies to be Equally Weighted
- China to Test Mine for Rare Metals Off Japan Island; Japan Lagging in Technologies Needed for Extraction
- Miho Nakayama, Japanese Actress and Singer, Found Dead at Her Tokyo Residence; She was 54 (UPDATE 1)
- Risk of Nuclear Weapons Being Used Greater Than Ever; Support Growing in Russia As Ukraine War Continues