Earlier, Japan froze the reserves of the Central Bank of Russia.
Japanese law does not allow the confiscation of the Central Bank of Russia's gold and foreign exchange reserves held by the Bank of Japan, which have been frozen due to the war in Ukraine. This was stated by Finance Minister Sunyuti Suzuki, according to Russian media.
In other words, the Central Bank has reserves, but no access to them.
It will be recalled that earlier the Japanese Foreign Ministry announced that official Tokyo had frozen the assets of the Central Bank, Promsvyazbank and Vnesheconombank of Russia as part of sanctions against Russia.
In addition, sanctions were imposed on 49 companies and agencies, including the FSB, SVR and the Defense Ministry. Also under personal sanctions were Russian President Vladimir Putin, Foreign Minister Sergei Lavrov, Defense Minister Sergei Shoigu, Security Council Secretary Nikolai Patrushev, Security Council Deputy Chairman Dmitry Medvedev, and Chief of Staff Valery Gerasimov.
The Foreign Ministry explained that the decision on sanctions was made by the Japanese Cabinet “taking into account the current international situation around Ukraine and in order to maintain international peace and security, Japan's assistance to international efforts to ensure international peace.”
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Earlier it was reported that three Japanese banks are terminating operations with Sberbank of Russia.