Korea promises easy permits for exports to Russia - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Korea promises easy permits for exports to Russia

SEOUL, May 5 (PRIME) -- South Korea’s export restrictions against Russia do not bar issuance of permits on exports that will be signed easily, President of the Korean–Russian Business Council Pak Jeong Ho told PRIME Friday.

"Permits by the Korean ministry are just an export control measure rather than an exports prohibition. Military goods are banned fully, but not dual-use goods. This means that if all necessary documents are in place and it is indicated where (the goods) will be used, who is the buyer, then, if exports have civil goals, permits will be provided," the official said.

He admitted that document collecting is lengthy and difficult.

On April 24, South Korea extended the list of goods subject to special permits for exports to Russia to 798 from 57.


05.05.2023 13:57
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 104.3024 +0.2403 05 oct
USD 99.4555 +0.1878 05 oct
Stock Market Indices
1D 1W 1M 1Y
micex 3154.97 +0.35 18:50 04 oct
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 165.50 -0.75 18:27 04 oct
lkoh 6740.00 -0.21 18:27 04 oct
rosn 543.10 +0.78 18:27 04 oct
sber 258.85 -0.31 18:27 04 oct
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 104.1000 +0.3475 14:59 04 oct
USDTD 99.6875 +0.4300 17:44 04 oct