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Japan Sends Officials to Moscow to Secure Assets of Companies Still Operating in Russia

Tokyo says the talks were pragmatic measures to shield firms from payment and asset risks while keeping financial sanctions in place.

Overview

  • Masayoshi Arai of the Trade Policy Bureau and Masaki Ishikawa of the Foreign Ministry led a two-day visit to Moscow to raise practical protections for Japanese corporate assets and address limits on money transfers.
  • Japanese officials described the meetings with Russia’s ministries of economic development and trade as practical and constructive and said no change to Tokyo’s post-2022 financial sanctions has been announced.
  • An official of a Russian business group said its representatives held a closed-door meeting with the Japanese delegation, and Japanese sources said Tokyo likely urged companies to include government officials on the trip.
  • More than 100 Japanese firms still maintain bases in Russia, and the talks focused on reducing risks to staff, ensuring payment routes, and safeguarding local operations and assets.
  • The visit continues a pattern of repeated Japanese government engagement since the 2022 invasion to manage liabilities and money-flow problems for firms while balancing sanctions policy and diplomatic sensitivity.