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[Joint Press Release by the Ministry of Foreign Affairs, the Ministry of Finance and the Ministry of Economy, Trade and Industry]Addition of entities subject to asset-freezing measures on Syrian President Al-Assad Bashar and his associates

The Government of Japan has implemented asset-freezing measures on Syrian President Al-Assad Bashar and his associates in order to contribute to international efforts for global peace.

In consideration of the current international situation concerning the Syrian Arab Republic, the government seeks to contribute to international efforts to resolve the situation for international peace and has decided to add two individuals and four organizations to the list of those subject to the asset-freezing and other measures in accordance with measures that major countries have decided to take.

1. Specifics of the measures

Pursuant to the Foreign Exchange and Foreign Trade Law, the Japanese government will impose, from March 9, the following measures on Syrian President Al-Assad Bashar and the entities and individuals designated as being associated with him by the notification of the Ministry of Foreign Affairs (promulgated on March 9).

 (1) Payment restrictions

By obliging acquisition of prior approval from the Government of Japan for payment to any of the entities or individuals designated by the Ministry of Foreign Affairs' notification, payments to them shall be restricted.

 (2) Restrictions on capital transactions

By obliging acquisition of prior approval from the Government of Japan for capital transactions with any of the entities or individuals designated by the Ministry of Foreign Affairs' notification, capital transactions with them shall be restricted.

2. Entities subject to the measures

Note: After this addition, "Syrian President Al-Assad Bashar and his associates" subject to this measure will be 20 individuals and 16 entities in total.

Release Date

March 9, 2012

Division in Charge

  • First Middle East Division, Middle Eastern and African Affairs Bureau, Ministry of Foreign Affairs
  • Legal Office, Research Division, International Bureau, Ministry of Finance
  • Trade Control Policy Division, Trade Control Department, Trade and Economic Cooperation Bureau, Ministry of Economy, Trade and Industry

Related Information

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Ministry of Economy, Trade and Industry
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