The Japanese government plans to significantly strengthen export controls on passenger cars, including banning the supply of cars with an engine capacity of more than 1.9 liters to the Russian Federation, as additional sanctions against Russia, the newspaper reported. “Yomiuri”.
The revision of the government’s export trade control regulation is expected to be approved by the cabinet of Japan in July and come into effect in early August.
Since April last year, Tokyo has banned the export of expensive cars worth 6 million yen (about $44,000) to Russia. This time in addition to gasoline and diesel vehicles with an engine displacement of more than 1900 cu. Look, all hybrid cars and electric cars will be banned from exporting to Russia.
According to the statistics of the Ministry of Finance, 200,000 used cars were delivered from Japan to the Russian Federation in 2022, which accounted for a quarter of all Japan’s exports to Russia. The total value of used cars sold in Russia amounted to 250 billion yen ($1.8 billion).
The newspaper believes that only small cars will be sold to Russia due to the tightening of export rules. Their total cost will drop to about 100 billion yen ($720 million).
Previously reportedIt was reported that Japanese-made semiconductors continued to arrive in Russia to circumvent the sanctions imposed shortly after the start of military action in Ukraine.
Previously at the European Commission in your name The amount of Russia’s sovereign assets frozen in the European Union.
Source: Gazeta
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.