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Japan to ban Russia-bound exports of gold, may adopt more sanctions
By Tetsushi Kajimoto and Daniel Leussink
Reuters
Tuesday, March 29, 2022
TOKYO -- Japan will ban the shipment to Russia of precious metals, especially gold, in response to its invasion of Ukraine, the Ministry of Finance said on Tuesday.
The ban on Russia-bound precious metal reflects Prime Minister Fumio Kishida's resolve to impose further sanctions against the country, pledged at last week's meeting of leaders from the Group of Seven advanced nations.
... Dispatch continues below ...
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From April 5 Japan will ban the export of precious metals such as gold as well as other items including luxury cars, jewellery, cosmetics and liquor.
Japan's move comes after the United States and Britain took steps to curtail transactions in gold with Russia. ...
... For the remainder of the report:
https://www.reuters.com/business/japan-ban-russia-bound-exports-gold-april-5-mof-2022-03-29/
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