Japan's Additional Sanctions On Russia Effectively Ban New Investments
Japan's additional sanctions on Russia include an effective ban on new investments. The ban is based on the foreign exchange and foreign trade law.
Government approval will be required to obtain more than 10 percent of a Russian company's shares, or to extend new loans to Russian companies or organizations for over a year.
The measure will take effect on May 12.
The Finance Ministry says investments that have already been made are not subject to the measure and will not be affected.