The Japanese Ministry of Finance said in a press statement that the government has approved a ban on the import of Russian gold, and the timing of the entry into force of these restrictions will be determined later.
The statement added: “A ban has been introduced on the import of minerals (gold) from the Russian Federation.”
The note to this paragraph indicates that the timing of the entry into force of the ban will be determined later.
Russia is one of the largest exporters of gold in the world: according to Russian customs, at the end of 2021, Russia exported about 302 tons of the precious metal worth $17.36 billion.
Earlier, US President Joe Biden announced that the United States and the G7 countries would impose a ban on the import of Russian gold.
Source: RIA Novosti