Taiwan expands economic sanctions against Russia over Ukraine invasion

2022/04/08

Taiwan has banned the exports of 57 additional categories of high-tech products to Russia as the country continues to join global sanctions over the invasion of Ukraine, the Ministry of Foreign Affairs said April 6.
 
Effective immediately, exports of designated products—including integrated circuit parts, memory chips and telecommunications equipment—will be subject to tighter controls as they can be used in weapons manufacture, the ministry said.
 
According to the MOFA, the decision was made after consultation with the country’s like-minded partners. It follows the Feb. 25 announcement that the government would join global sanctions against Russia in accordance with the Wassenaar Arrangement, a voluntary export control regime on dual-use goods and technologies.
 
Taiwan staunchly opposes any unilateral change to the status quo by force or coercion, and supports peaceful and rational dialogue and negotiation to resolve differences among related countries under the framework of rule-based international order, the ministry said.
 
The government will continue to work closely with the U.S. and other members of the democratic world to provide much-needed humanitarian assistance to the people of Ukraine, as well as bring peace and stability back to the region, it added. 


Source: Taiwan Today (https://taiwantoday.tw/index.php)