Japan to Stop Exporting Oil refining Equipment to Russia

Japanese Chief Cabinet Secretary Hirokazu Matsuno said that Japan would ban exports of oil refining equipment to Russia and dual-use products to Belarus while freezing assets held by government officials and other entities, as Russia escalates its attacks in Ukraine with Belarus “clearly involved.”

“Our nation will continue to collaborate with the Group of Seven (nations) and the international community toward an improvement in the situation,” Matsuno said.

The Japanese government has added to the list of people facing asset freezes in Japan – 32 Russian and Belarusian individuals, including government officials and business magnates, along with 12 military-related companies.

Japan also designated the Belarusian Defense Ministry and a Minsk-based military semiconductor maker as subject to sanctions, banning Japanese exporters from receiving payments starting March 15.

Japan has also imposed asset freezes on Russian President Vladimir Putin and Belarusian President Alexander Lukashenko, and excluded seven of Russia’s banks from the SWIFT global payments network.

However, Japan has not yet imposed a ban on Russian aircraft entering Japanese airspace.

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