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Japanese government: In order to strengthen sanctions against Russia, will restrict the export of used cars to Russia

The Japanese government has issued a statement announcing a series of measures restricting the trade of used cars between the country and Russia.
According to a Japanese government statement, the decision was made "in response to the international community's sanctions against Russia" to condemn Russia's military actions in Ukraine. The Japanese government said it would take a series of measures to restrict trade with Russia to express its displeasure with Russia's actions. One important step is to restrict the trade of used cars with Russia.
In a statement, the Japanese government stressed that they recognize that this policy may have a negative impact on Japanese domestic industries and consumers, but they view it as a necessary diplomatic tool to counter Russia's actions.
The most immediate impact of this policy is that Japan's used-car exporters will be hit. After the outbreak of the conflict between Russia and Ukraine, multinational car companies, including Toyota, announced their withdrawal from the Russian market, Russia's demand for Japanese used cars rose sharply, many Japanese automakers sold old cars to Russia, and the sales of Japanese used cars in the Russian market rose.

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