Japan Sanctions Russian Fertilizer Tycoons

Japan has included Andrey Melnichenko, co-founder of coal miner Suek and fertilizer producer EuroChem AG, in its updated list of entities and individuals subject to sanctions, according to Bloomberg. Andrey Guryev, former CEO of fertilizer producer PhosAgro PJSC, whose family is the largest shareholder of PhosAgro, is also included.

Several Russian officials were also added to the list, with Japan imposing the sanctions in “view of the current international situation over Ukraine.”

However, Suek, EuroChem, and PhosAgro are not subject to sanctions by Japan, the US, or EU, but EU sanctions in 2022 against the tycoons led to some trade disruptions.