Op-Ed / / 06.25.22

Nikkei Asia Op-ed: Japan needs to update sanctions laws to face future challenges

Note: This op-ed originally appeared in Nikkei Asia and was written by Justyna Gudzowska, Director of Illicit Finance Policy at The Sentry, and Akira Igata, project lecturer at the Research Center for Advanced Science and Technology at the University of Tokyo.



As the leaders of the Group of Seven nations meet in the Bavarian Alps this weekend, the brutal Russian invasion of Ukraine and resulting sanctions against Russia will no doubt dominate the discussion.

Never before have such significant sanctions been imposed in such a short period of time on a major economy so deeply integrated into global markets.

The Kremlin was likely surprised that the coordinated sanctions response was not confined to Western nations, as the invasion galvanized countries that had previously shown reluctance to impose sanctions outside of a United Nations framework, namely Japan, South Korea, Taiwan and Singapore…

Read the full op-ed in Nikkei Asia