Luxury products are among a list of items banned by the Japanese government for export to Russia over its invasion of Ukraine. Announced on March 29, the ban went into effect on April 5. Nineteen luxury products, including perfume, fine artwork, and high-end cars, are now part of an expanding list of banned exports to Russia that also includes weapons, military-grade tools, carbon fiber, and general semiconductors. Koichi Hagiuda, Japanese Economy, Trade, and Industry Minister, said on March 23 that Japan will cooperate with the Group of Seven (G7) global economy bodies to adopt stringent sanctions against Russia. The ban on luxury goods exports to Russia is aimed at business oligarchs who support Russian President Vladimir Putin. Koichi said that following western countries’ broader sanctions, Japanese lawmakers have also proposed to freeze the assets of Russian politicians and oligarchs and their families. Russia’s oligarchs accumulated wealth following the collapse of the Soviet Union …