BR100 Increased By (0.2%)
BR30 Increased By (0.41%)
KSE100 Increased By (0.07%)
KSE30 Increased By (0.23%)
AGHA 7.75 Decreased By ▼ -0.17 (-2.15%)
BECO 5.19 Decreased By ▼ -0.01 (-0.19%)
BML 58.66 Decreased By ▼ -0.59 (-1%)
BOP 33.69 Increased By ▲ 0.01 (0.03%)
CNERGY 10.61 Increased By ▲ 0.80 (8.15%)
CSIL 5.30 Decreased By ▼ -0.12 (-2.21%)
FCCL 53.74 Increased By ▲ 0.22 (0.41%)
FFL 16.46 Decreased By ▼ -0.22 (-1.32%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.28 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.64 Increased By ▲ 0.03 (0.53%)
LOTCHEM 29.65 Increased By ▲ 0.54 (1.86%)
MLCF 96.36 Increased By ▲ 0.86 (0.9%)
NBP 203.53 Decreased By ▼ -0.82 (-0.4%)
NCPL 56.85 Decreased By ▼ -1.39 (-2.39%)
NPL 67.31 Decreased By ▼ -0.48 (-0.71%)
OGDC 318.22 Increased By ▲ 0.28 (0.09%)
PACE 10.63 Decreased By ▼ -0.08 (-0.75%)
PAEL 41.77 Decreased By ▼ -0.06 (-0.14%)
PIBTL 16.81 Increased By ▲ 0.31 (1.88%)
PPL 220.17 Increased By ▲ 0.43 (0.2%)
PRL 49.05 Increased By ▲ 4.46 (10%)
PTC 70.01 Decreased By ▼ -0.76 (-1.07%)
SSGC 29.14 Increased By ▲ 0.21 (0.73%)
TBL 9.77 Decreased By ▼ -0.07 (-0.71%)
TELE 8.82 Increased By ▲ 0.06 (0.68%)
TPL 17.17 Increased By ▲ 0.72 (4.38%)
TPLP 12.51 Increased By ▲ 0.41 (3.39%)
TREET 22.59 Decreased By ▼ -0.21 (-0.92%)
TRG 60.22 Increased By ▲ 0.19 (0.32%)
By

TOKYO: Japan has decided to freeze assets of an additional 17 Russian individuals, bringing the total number targeted by sanctions over Russia’s invasion of Ukraine to 61, the Ministry of Finance said on Tuesday.

The step was taken after the United States on Friday imposed sanctions on a slew of Russian individuals including billionaire Viktor Vekselberg and 12 members of the Duma, Russia’s lower house of parliament.

Vekselberg was also targeted in the sanctions by Japan, as well as 11 members of the Duma and five family members of banker Yuri Kovalchuk, the finance ministry said.

Japan will act in line with other Group of Seven (G7) nations on sanctions, said the government’s top spokesman, Hirokazu Matsuno.

“As for sanctions hereafter, we’ll continue to watch conditions and, along with other G7 nations, respond appropriately,” Matsuno told reporters at a news conference.

Tokyo has also imposed sanctions on Russia’s central bank and seven private banks, among other organisations, as well as various Belarusian individuals and banks and organisations from the country over its support of Russia’s invasion of Ukraine.

Foreign Minister Yoshimasa Hayashi told reporters that the Ukraine crisis showed the need to reform the UN Security Council, where Russia has a permanent seat, and he said Japan would press its case to become a permanent member.

As part of stronger curbs against Moscow, Japan also said it will widen an export ban to Russia by including 31 items such as semiconductors, communication equipment, sensors and radar, as well as 26 technology packages from Friday.

Comments

Comments are closed for this article.