South Korea intensified control and expanded export sanctions against Russia and Belarus - the media

The new decree will increase the total number of products in the list to 1 159 of the current 798. The South Korean government has decided to strengthen the export control over Russia and Belarus. About it reports Yonhap. Seoul has significantly expanded the list of goods with hundreds of positions that are subject to appropriate restrictions.

Officials changed the list that regulates export restrictions, including excavators, batteries and large vehicles, in response to a large -scale invasion of the Russian Federation into the territory of Ukraine.

South Korea, according to the review of strategic goods trade, added another 682 positions concerning heavy construction equipment, aviation components, batteries, machines and more, to the list of goods prohibited for departure to Belarus and the Russian Federation, according to the Ministry of Commerce. , energy and industry. The new decree will increase the total number of positions in the list to 1 159 of the current 798.

It is expected that in the early 2024 the corresponding changes will come into force. To do this, you need to undergo some passage of proper administrative procedures and publish the instructions for exporters. The Ministry has stated that it would consider "exceptional cases". This applies to both countries. The appropriate measures were applied due to the high probability that these products can be used for military purposes.