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The lower house of the country’s parliament approved amendments to the legislation that will tighten anti-Russian sanctions
The lower house of the Japanese Parliament approved by a majority of votes amendments to the legislation, toughening economic sanctions against Russia. There was a live broadcast on the website of the Parliament.
Now companies that deal with cryptocurrencies will not be able to work with persons under sanctions. To do this, the deputies made changes to the law on foreign currency.
In addition, the lower house supported a temporary increase in tariffs, as Russia was deprived of the status of the most favored country in trade. Import duties on wood were increased from 4.8% to 8%, on salmon and caviar from 3.5% to 5%, and on crab from 4% to 6%. These measures will be in effect until at least April next year.
On April 12, Japan imposed sanctions against 397 Russian citizens, 25 companies and two banks, Sberbank and Alfa Bank, due to a special operation in Ukraine. In total, Japanese restrictions apply to approximately 550 people and 40 organizations from Russia.
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