Tokyo Freezes Assets Of 3 Belarus Banks In Japan

The Japanese government is freezing the assets of three Belarusian banks in Japan and banning exports of high technology equipment to Russia and Belarus as Tokyo steps up sanctions against Russia’s invasion of Ukraine, the Associated Press (AP) reported.

Photo Insert: The National Bank of Belarus

Japan is taking additional steps to remain in concert with the United States and European countries in their effort to pressure Russia and Belarus, which is helping Moscow, to stop the war.

Japan has previously frozen the assets of individuals and organizations from the two countries, including Russian President Vladimir Putin and his top government officials, as well as Belarusian President Alexander Lukashenko, and cut seven Russian banks from the SWIFT messaging system.

Japan is also banning exports of semiconductors, telecommunication equipment, and other high-technology goods to Russia and Belarus from March 18 to prevent them from bolstering their military capabilities.

Without these goods, Russia will not be able to produce advanced radars, warplanes, missiles, jet engines, and precision bombs.

WEEKLY FEATURE : MVP Group Keeps Lights On During Pandemic