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South Korea Tightens Export Controls on Russia and Belarus Amid Suspected Arms Deal

2024-02-26 02:18:32.066000

South Korea is taking further action in response to the suspected arms deal between North Korea and Russia by tightening export controls on Russia and Belarus [7968dd5c]. Last week, South Korea added 682 items to the list of items banned from shipping to these countries [7968dd5c]. The Ministry of Trade, Industry and Energy stated that they will strengthen the implementation of export controls and focus on monitoring the export of 'common high priority items,' including chips that can be applied to drones [7968dd5c]. The total number of items on the controlled products list is now 1,159 [7968dd5c].

In addition to tightening export controls, the South Korean government is investigating Daesung International Trading, a South Korea-based company that was recently added to the U.S. Commerce Department's 'entity list' for export restrictions due to its alleged connection to Russia [7968dd5c]. The investigation is part of the government's efforts to prevent any potential misuse of export items [7968dd5c].

These measures reflect South Korea's commitment to preventing the transfer of military-related technology and equipment to Russia and Belarus, as it takes the suspected arms deal between North Korea and Russia seriously [7968dd5c].

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