As Europe, the United States and Japan intensify economic sanctions against Russia, which has invaded Ukraine, some settlements cannot be made between Russian companies and Japanese companies that do business, and the impact on business is beginning to appear. ..
A specialized trading company headquartered in Chiyoda-ku, Tokyo, deals with about 20 Russian companies, mainly marine products.
However, on the 25th of this month, when I tried to pay the price of farmed fish feed purchased from a Russian company in dollars, the Japanese bank used for payment refused to remit.
This is because the account of a Russian customer was a Russian government-affiliated bank "VTB Bank" that is subject to economic sanctions such as the United States, and on the 28th, the company is another Russia that is not subject to sanctions at this time. I specified the account of the financial institution of Russia and took the procedure of remittance again.
However, it is said that Japanese banks have told us that they do not know if they can actually send money as each country tightens sanctions on Russia.
In the company, if measures are taken to exclude specific Russian banks from the international payment network called SWIFT in cooperation with Europe, the United States and Japan, there will be more cases where payments to business partners will not be possible, and the business will be established. I have a strong sense of crisis that it will disappear.
Tomohisa Inoue, president of "Sanniporos," said, "We are also considering having a Russian company that we do business with open an account at a bank that is not subject to sanctions, but that method deviates from the purpose of sanctions. Sanctions are unavoidable in the Putin administration, but on the other hand, our company also has 14 employees in Tokyo, each with their own lives. It's a very annoying problem. "