Japan Imposes Trade Restrictions on Chinese and Indian Firms Over Alleged Support for Russia's War in Ukraine - DefencePage.in | Indian Army News,Indian & International Defence News

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Saturday, June 22, 2024

Japan Imposes Trade Restrictions on Chinese and Indian Firms Over Alleged Support for Russia's War in Ukraine


On 21 June Friday, Japan has announced trade restrictions against companies based in China, India, Kazakhstan, and Uzbekistan over alleged support for Russia's ongoing war in Ukraine. This marks the first time Tokyo has specifically targeted Chinese firms for their purported links to the conflict.


The sanctions, unveiled by Japan's Ministry of Foreign Affairs, prohibit Japanese companies from exporting goods to the sanctioned entities. Among the targeted firms are Hong Kong-based Asia Pacific Links Ltd and Shenzhen-based Yilufa Electronics Limited.




This development follows similar actions taken by Japan and South Korea last month, when both countries imposed sanctions on companies and individuals accused of supplying North Korean weapons to Russia for use in Ukraine.


Under Prime Minister Fumio Kishida's leadership, Japan has adopted a notably firmer stance against Moscow compared to other Asian governments, most of which have refrained from taking sides in the war. During the G7 summit in Hiroshima last year, Kishida pledged unwavering solidarity with Ukraine and condemned the use of force to alter the status quo.


These new sanctions align with recent measures taken by the United States, which last week imposed restrictions on over 300 individuals and firms accused of aiding Russia's war effort. The targeted entities included those based in China, South Africa, the United Arab Emirates, and Turkey. US Treasury Secretary Janet Yellen emphasized that these actions would significantly hinder Russia's access to foreign technology, equipment, software, and IT services.


This escalating international pressure on Russia and its alleged supporters underscores the global condemnation of the ongoing conflict in Ukraine and the efforts to curtail its impact on the international community.

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