Japan removes 16 Syrian organisations from sanctions list
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Güneşli
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Güneşli
Japan has lifted asset freezes and other financial restrictions on 16 Syrian entities, including the country’s defense and interior ministries, as Tokyo reviews sanctions imposed on Syria following the outbreak of the conflict in 2011.
The Japanese Foreign Ministry said Tuesday that the decision reflected recent developments in Syria and the current state of bilateral relations. The measures took effect the same day under a notice issued by the ministry.
The entities removed from Japan’s sanctions list include several government institutions, state-owned companies and financial institutions, among them the Commercial Bank of Syria, Real Estate Bank, Syria International Islamic Bank, General Petroleum Corporation and Syrian Petroleum Company.
Other entities affected by the decision include Syriatel, the Military Housing Establishment, the Political Security Directorate, Syria Lebanon Commercial Bank, Syrian Petroleum Trading Company (Sytrol), Syrian Company for Oil Transport, General Organization of Radio and Television, Cotton Marketing Organization and Mahroukat.
Despite the easing of restrictions, Japan will continue to impose sanctions on 59 individuals, including deposed Syrian regime leader Bashar Assad, as well as 15 entities linked to him, according to the Foreign Ministry.
Under Japan’s Foreign Exchange and Foreign Trade Act, financial transactions and payments involving individuals and entities that remain subject to sanctions require prior government approval.
Japan first imposed asset freezes and other restrictive measures on Syrian individuals and entities in 2011 in response to the former regime’s crackdown and military campaign during the Syrian conflict.
Tokyo began gradually easing some of its sanctions following the fall of the Assad regime.
On May 30, 2025, Japan lifted asset freezes on four Syrian state-owned banks — the Industrial Bank, Popular Credit Bank, Savings Bank and Agricultural Cooperative Bank — as part of its earlier steps to ease financial restrictions on Syria.
The latest move marks a further adjustment of Japan’s sanctions policy toward Syria, while restrictions on individuals and entities still subject to sanctions remain in place. (ILKHA)
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