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    World

    Japanese government imposes sanctions on Uzbekistan-based company Mvizion

    Japanese government imposes sanctions on Uzbekistan-based company Mvizion

    The Japanese government imposed sanctions on Mvizion in Uzbekistan because of its active ties with the Russian economy, TASS reports. Japan updated the list of sanctions against Russian companies on June 20. Sanctions have been placed on an additional 11 individuals and 42 companies in Russia.

    Photo: Japanese government imposes sanctions on Uzbekistan-based company Mvizion
    Source: TASS

    The decision was officially announced by the Japanese Cabinet of Ministers. Companies on the new list are accused of using or indirectly supporting Russia's military efforts.

    Among the first places on the sanctions list are Natalia Budarina, secretary of the Russian Central Election Commission, and five other members of the commission, as well as Boris Obnosov, head of the Tactical Missiles Corporation, and Alexander Potapov, president of the Central Election Commission.
    The blacklist included Russian diamond mining company ALROSA, as well as aircraft manufacturers Tupolev and Ilyushin.

    The Japanese government, for its part, many machine-building and defence enterprises, such as the Russian Federal Nuclear Centre, Chelyabinsk Tractor Plant, Degtyarev Plant, Izhevsk-Kupol Electromechanical Plant, Perm Powder Plant, Nizhny Novgorod Plant of the 70th Anniversary of Victory, North Western Regional Center of Almaz Antey Concern, also imposed restrictions on Obukhov military plants. If these associations are identified in Japan, their assets will be blocked.

    The sanctions list also includes several research institutions. In particular, export restrictions were imposed on the Alabuga Special Economic Zone (SEZ), Vega Radio Engineering Corporation, VNIIR-Progress research institute, Geomir engineering centre and others.

    Japanese sanctions were also imposed on foreign companies linked to Russia. Seven Chinese companies, including Alpha Trading Investments, Guangzhou Ausay Technology and Shenzhen Biguang Trading Association, were blacklisted. The banned foreign corporations include UAE Sun Ship Management, India's Si2 Microsystems, Kazakhstan's Elem Group and Uzbekistan's Mvizion.

    For information: Mvizion is an association engaged in the wholesale trade of electronic and telecommunication equipment and spare parts. This company is a business entity that is not part of the state and economic management bodies. The entity is registered with the Public Service Centre on June 14, 2022.

     

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    22.06.2024, 14:00   Comments (0)   2563
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