In recent years, there have been cases of shady brokers and intermediaries offering “export deals” and “procurement deals” of arms and related equipment to Myanmar.
Although these deals may appear legitimate at first glance,
there is a very high possibility that they actually constitute smuggling or illegal trade, and getting involved is a serious risk in itself.
Why are they so risky?
Potential for violation of international and Japanese domestic laws
There is a possibility of violating Japan’s Foreign Exchange and Foreign Trade Law, arms export regulations, UN sanctions resolutions, etc., leading to criminal penalties and loss of corporate credibility.
There is also a risk of being held or punished by local authorities for violating laws and regulations in the partner country or transit country.
Possibility of being subject to investigation and sanctions by governments and related institutions
Companies and individuals involved in transactions may be subject to surveillance and investigation by governments and international organizations, and their business activities and assets may be seriously affected.
Major damage to credibility and reputation
Once the fact of involvement comes to light, both companies and individuals will lose a great deal of credibility both domestically and internationally.
What kind of lures are dangerous?
There is a legal route“ or ”It is officially approved by the local government.“
・ ”Ostensibly, it is exported as a separate commodity.“
・ ”There is no problem because we do not deal directly with them.
There are cases in which such explanations are used to justify risky transactions. Please be careful not to get involved.
Finally
If you have any doubts or concerns, please stop the project.
We are available to consult with you on local conditions, laws and regulations, and risks.
Please feel free to consult with us in order to calmly assess the risks and make a safe and sound business choice.