Following the United States’ launch of new economic sanctions against Iran, Chief Cabinet Secretary Kihara (木原) indicated that the government would analyze the impact on Japanese companies. The US Treasury has announced plans to impose sanctions in 5 sectors, including digital assets and technology.
Chief Cabinet Secretary Kihara (木原) commented on the United States’ launch of new economic sanctions against Iran. He said the government would scrutinize the details to assess the impact on future US-Iran talks and on the international community, including Japan.
On the 24th, Treasury Secretary Scott Bessent announced that sanctions would be imposed on companies doing business with Iran and others in 5 sectors, including digital assets and technology.
The sanctions are reportedly likely to affect companies and financial institutions outside Iran as well, underscoring the need to determine their actual impact on Japanese companies.