According to the “Taiwan News” newspaper, the East Asian country stopped exporting machine tools to Russia after tightening export control regulations related to the possibility that the machine tools could be used for military purposes. The newspaper cites the country’s Ministry of Economy, which made a relevant announcement, which is a response to a British report published on October 15 by the Royal United Services Institute for Defense and Security and the American Open Source Center, according to the news agency. CAN. The report identified Taiwan as a supplier of machine tools to Russia. Given the possibility of the machine tools being used in military applications, the ministry has implemented a number of measures to limit exports. These measures have shown the first signs of effectiveness. Taiwan’s export control list was expanded on March 8 to include 77 Harmonized System (HS) codes for machine tools. Exports of these products to Russia have since dropped to zero. Source: RES
Source: News Beast
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