twitter
youtube
instagram
facebook
telegram
apple store
play market
night_theme
ru
arm
search
WHAT ARE YOU LOOKING FOR ?






Any use of materials is allowed only if there is a hyperlink to Caliber.az
Caliber.az © 2025. .
WORLD
A+
A-

South Korea to add nearly 700 more items to export ban list against Russia, Belarus

26 December 2023 09:53

South Korea will tighten export controls against Russia and Belarus by significantly expanding its list of items subject to export restrictions, including excavators, batteries and larger vehicles, in response to Moscow's invasion of Ukraine, officials said on December 26.

Under the revision to the regulations on trading strategic items, South Korea added 682 more items regarding heavy construction equipment, rechargeable batteries, aircraft components, machinery and other things to the list of items that are banned from shipping to Russia and Belarus, according to the Ministry of Trade, Industry and Energy, Yonhap reports.

The new regulation will raise the total number of items on the list to 1,159 from the current 798 items.

The revision is expected to take effect in early 2024 following due administrative procedures and the government's issuance of guidelines for exporters.

The ministry said it will make a case-by-case review of "exceptional cases" for shipments to the two nations.

The move came as chances are high for those items to be used for military purposes, though they are not classified as strategic items under South Korea's export control scheme.

Caliber.Az
Views: 230

share-lineLiked the story? Share it on social media!
print
copy link
Ссылка скопирована
ads
instagram
Follow us on Instagram
Follow us on Instagram
WORLD
The most important world news