- Competition Law / International Trade
Recent Trends in Japan’s Sanctions Against Russia on the Prevention of Evasion and Circumvention
Since Russia began its invasion of Ukraine, Japan has imposed various sanctions against Russia （“Russia Sanctions”） under the Foreign Exchange and Foreign Trade Act of Japan （"Act"）, in cooperation with other major countries, including the United States and the European Union. Recently, it has been pointed out that there have been cases involving evasion or circumvention of the sanctions against Russia introduced by major countries; in response, major countries have agreed to strengthen measures aimed at preventing these evasive actions. In this context, while maintaining the existing framework of the Russia Sanctions, Japan recently announced that certain circumventive or evasive acts are subject to the Russia Sanctions, and detailed specific items to which companies should...To read the full article, please see the PDF file
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Competition Law / International Trade Newsletter
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