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  5. METI Sanctions a Person for Violated the Foreign Exchange and Foreign Trade Act

METI Sanctions a Person for Violated the Foreign Exchange and Foreign Trade Act

April 3, 2020

The Ministry of Economy, Trade and Industry (METI) prohibits Matsumoto Susumu, who has violated the Foreign Exchange and Foreign Trade Act, from conducting export or export-related activities for eight months under Article 53 (2) of the Act.

1. Details of the Sanction (Export Ban)

Violator: Matsumoto Susumu

Goods subject to the export ban: all goods

Destinations subject to the export ban: all destinations

Duration of the export ban: From April 10, 2020 to December 9, 2020 (8 months)
*The ban also applies to exports through brokers/intermediators

2. Details of the Case

On August 18th, 2011, Matsumoto Susumu exported 410 tons of frozen cod, worth 20,520,000 yen, to North Korea without the approval of the Minister of Economy, Trade and Industry.

*Japan has prohibited all exports destined for North Korea since June 18, 2009 under the Foreign Exchange and Foreign Trade Act.

Division in Charge

Trade Control Policy Division, Trade and Economic Cooperation Bureau