Live Update: Japan Imposes Further Sanctions on Russia and Belarus

In this handout photo taken from video released by Russian Presidential Press Service, Russian President Vladimir Putin speaks to celebrate International Women's Day, in Moscow, Russia, Tuesday, March 8, 2022. International Women's Day on March 8 is an official holiday in Russia, where men traditionally give flowers and gifts to female relatives, friends and colleagues. (Russian Presidential Press Service via AP)

Japan has imposed further sanctions against Russia and Belarus over their invasion of Ukraine, freezing the assets of 32 Russian and Belarusian officials and oligarchs.

In a news conference on Tuesday, Japan’s Chief Cabinet Secretary Hirokazu Matsuno said that Japan’s move comes as Russia intensifies its attack on Ukraine, with Belarus “clearly involved.”

Individuals targeted: In a statement Tuesday, Japan’s Ministry of Finance said that the newly unveiled sanctions target 20 Russians, including the First Deputy Chief of Staff for President Vladimir Putin’s administration, Deputy Chairmen of the State Parliament, and Head of the Chechen Republic. 

The sanctions also target executives of companies such as Transneft, Wagner and the Volga Group.

The sanctions include 12 Belarusian government officials and businessmen, including the President of the National Olympic Committee, Viktor Lukashenko, and 12 organizations in Russia and Belarus.

READ ALSO:Live Update: Zelensky Warns Russia Will Not Stop at Ukraine: “We will Come First. You will Come Second”

Financial pressure: Capital transactions such as deposit contracts, trust contracts and monetary loan contracts with those listed by Japan’s finance ministry will require government permits from today, the ministry added.

Japan is also banning exports of oil refinery equipment to Russia and general-purpose items to Belarus that could be “considered to strengthen military capabilities,” the ministry said.

Japan will also ban exports to Belarus’ Defense Ministry, armed forces, national guard, national police, state intelligence organizations and JSC Integral, a Minsk-based semi-conductor company.

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