diff --git a/code/lib/cli/package.json b/code/lib/cli/package.json
index 00bf87718c7c..0e4120218f70 100644
--- a/code/lib/cli/package.json
+++ b/code/lib/cli/package.json
@@ -65,8 +65,8 @@
     "@storybook/telemetry": "7.1.0-alpha.44",
     "@storybook/types": "7.1.0-alpha.44",
     "@types/semver": "^7.3.4",
-    "@yarnpkg/fslib": "^2.10.3",
-    "@yarnpkg/libzip": "^2.3.0",
+    "@yarnpkg/fslib": "^3.0.0-rc.48",
+    "@yarnpkg/libzip": "^3.0.0-rc.48",
     "chalk": "^4.1.0",
     "commander": "^6.2.1",
     "cross-spawn": "^7.0.3",
diff --git a/code/lib/cli/src/js-package-manager/Yarn2Proxy.ts b/code/lib/cli/src/js-package-manager/Yarn2Proxy.ts
index 742bcf4a8fd3..dc4c80159680 100644
--- a/code/lib/cli/src/js-package-manager/Yarn2Proxy.ts
+++ b/code/lib/cli/src/js-package-manager/Yarn2Proxy.ts
@@ -1,9 +1,9 @@
 import dedent from 'ts-dedent';
 import { sync as findUpSync, sync as syncFindUp } from 'find-up';
-import fs, { existsSync, readFileSync } from 'fs';
+import { existsSync, readFileSync } from 'fs';
 import path from 'path';
-import { NodeFS, VirtualFS, ZipOpenFS } from '@yarnpkg/fslib';
-import { getLibzipSync } from '@yarnpkg/libzip';
+import { PosixFS } from '@yarnpkg/fslib';
+import { getLibzipSync, ZipOpenFS } from '@yarnpkg/libzip';
 import semver from 'semver';
 import { createLogStream } from '../utils';
 import { JsPackageManager } from './JsPackageManager';
@@ -138,20 +138,20 @@ export class Yarn2Proxy extends JsPackageManager {
         const pkgLocator = pnpApi.findPackageLocator(resolvedPath);
         const pkg = pnpApi.getPackageInformation(pkgLocator);
 
-        const localFs: typeof fs = { ...fs };
-        const nodeFs = new NodeFS(localFs);
-
         const zipOpenFs = new ZipOpenFS({
           libzip: getLibzipSync(),
-          baseFs: nodeFs,
-          readOnlyArchives: true,
         });
 
-        const virtualFs = new VirtualFS({
-          baseFs: zipOpenFs,
-        });
+        const crossFs = new PosixFS(zipOpenFs);
+
+        // On Windows "crossFs.readJsonSync" does not resolve virtual paths. Unknown bug
+        if (process.platform === 'win32' && !!pnpApi.VERSIONS.resolveVirtual) {
+          const virtualPath = path.join(pkg.packageLocation, 'package.json');
+          const physicalPath = pnpApi.resolveVirtual(virtualPath);
+          return crossFs.readJsonSync(physicalPath);
+        }
 
-        return virtualFs.readJsonSync(path.join(pkg.packageLocation, 'package.json') as any);
+        return crossFs.readJsonSync(path.join(pkg.packageLocation, 'package.json') as any);
       } catch (error) {
         if (error.code !== 'MODULE_NOT_FOUND') {
           console.error('Error while fetching package version in Yarn PnP mode:', error);
diff --git a/code/yarn.lock b/code/yarn.lock
index 7191fc138352..5ba721b4d665 100644
--- a/code/yarn.lock
+++ b/code/yarn.lock
@@ -6000,8 +6000,8 @@ __metadata:
     "@types/puppeteer-core": ^2.1.0
     "@types/semver": ^7.3.4
     "@types/util-deprecate": ^1.0.0
-    "@yarnpkg/fslib": ^2.10.3
-    "@yarnpkg/libzip": ^2.3.0
+    "@yarnpkg/fslib": ^3.0.0-rc.48
+    "@yarnpkg/libzip": ^3.0.0-rc.48
     boxen: ^5.1.2
     chalk: ^4.1.0
     commander: ^6.2.1
@@ -9716,23 +9716,25 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@yarnpkg/fslib@npm:^2.10.3":
-  version: 2.10.3
-  resolution: "@yarnpkg/fslib@npm:2.10.3"
+"@yarnpkg/fslib@npm:^3.0.0-rc.48":
+  version: 3.0.0-rc.48
+  resolution: "@yarnpkg/fslib@npm:3.0.0-rc.48"
   dependencies:
-    "@yarnpkg/libzip": ^2.3.0
-    tslib: ^1.13.0
-  checksum: c4fbbed99e801f17c381204e9699d9ea4fb51b14e99968985f477bdbc7b02b61e026860173f3f46bd60d9f46ae6a06f420a3edb3c02c3a45ae83779095928094
+    tslib: ^2.4.0
+  checksum: e4c8f640f002047efe915e656537f7057f39de9276ccef602289c9968a5b257ba3f78e8face02f17a28e9e28f055c8c8b64f4f29558c9c6bc0318029cb8c027b
   languageName: node
   linkType: hard
 
-"@yarnpkg/libzip@npm:^2.3.0":
-  version: 2.3.0
-  resolution: "@yarnpkg/libzip@npm:2.3.0"
+"@yarnpkg/libzip@npm:^3.0.0-rc.48":
+  version: 3.0.0-rc.48
+  resolution: "@yarnpkg/libzip@npm:3.0.0-rc.48"
   dependencies:
     "@types/emscripten": ^1.39.6
-    tslib: ^1.13.0
-  checksum: 0c2361ccb002e28463ed98541f3bdaab54f52aad6a2080666c2a9ea605ebd9cdfb7b0340b1db6f105820d05bcb803cdfb3ce755a8f6034657298c291bf884f81
+    "@yarnpkg/fslib": ^3.0.0-rc.48
+    tslib: ^2.4.0
+  peerDependencies:
+    "@yarnpkg/fslib": ^3.0.0-rc.48
+  checksum: ec9930d8ef1d3faceae2e52aa500e87de4a6aeaef92cf65c3df51c60b7da3cbef539339e5b14ee2138e5e06b814393f28ab2ae52d7ea53288ae5e70c7fb9aab5
   languageName: node
   linkType: hard
 
@@ -29499,7 +29501,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"tslib@npm:^1.10.0, tslib@npm:^1.13.0, tslib@npm:^1.8.1, tslib@npm:^1.9.0, tslib@npm:^1.9.3":
+"tslib@npm:^1.10.0, tslib@npm:^1.8.1, tslib@npm:^1.9.0, tslib@npm:^1.9.3":
   version: 1.14.1
   resolution: "tslib@npm:1.14.1"
   checksum: 69ae09c49eea644bc5ebe1bca4fa4cc2c82b7b3e02f43b84bd891504edf66dbc6b2ec0eef31a957042de2269139e4acff911e6d186a258fb14069cd7f6febce2