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Global Trade Alert

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Japan: Government announces actions related to the price cap on Russian oil imports from Russia in response to invasion of Ukraine

Description

On 5 December 2022, the Japanese Ministry for Economy, Trade and Industry (METI) introduced new measures in response to the Russian invasion of Ukraine. Specifically, the regulation prohibits Japanese...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

05 Dec 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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