From August 9, Japan expands the list of cars that are prohibited from being exported to Russia.
This was reported by the Kyodo publication.
In April 2022, Japan stopped deliveries to Russia of new premium-class cars worth more than 6 million yen ($43 000), and now the ban will be extended to new and used cars with gasoline and diesel engines with a volume of more than 1.9 liters and tires for them, and also for electric and hybrid cars.
In 2022, the value of Japanese exports to Russia was 603.9 billion yen, which is 30% less than in the previous year. More than half of this amount was obtained from the sale of passenger cars, most of which were used.
- Japan has already added almost 750 items to the list of export restrictions, including iron and other metals, boilers and fibers that Russia uses in industry.
- After the May G7 summit, sanctions against Russia were expanded. At the same time, the United States and the EU tightened bans on the export of vehicles to the Russian Federation.