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Japan bans luxury exports to Russia NHK

Japan's government has banned the export of luxury goods to Russia. The move is to pressure oligarchs -- wealthy tycoons who are close to President Vladimir Putin.

The ban took effect from Tuesday. It applies to 19 items, including cars worth over 6 million yen or about 49,000 dollars, and motorcycles valued at more than 600,000 yen or about 4,900 dollars. High-end whiskey and watches worth over 40,000 yen or about 330 dollars are also on the list.

Japan already bans in principle Russia-bound exports of about 300 items. These include products that can be converted to military use and general-purpose semiconductor chips.

Items used for humanitarian purposes are exempted.
Summary
Japan has imposed a ban on exporting luxury goods to Russia, targeting oligarchs associated with President Vladimir Putin. The embargo encompasses 19 items such as cars priced over 6 million yen, motorcycles valued at more than 600,000 yen, high-end whiskey, and watches above 40,000 yen. This ban
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ID: 624be8e2-e8dc-466f-afe0-2989c0a80b98

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20220405_18/

Date: April 5, 2022

Created: 2022/04/05 15:59

Updated: 2025/12/09 17:11

Last Read: 2022/04/05 15:59