Taiwan's economy ministry says there have been no exports of machine tools to Russia after Taipei updated its export control list in March. The ministry's comment comes after British think tank Royal United Services Institute recently said in a report that Taiwanese machine tools have been observed in Russia's military supply chain. The ministry says it also raised the fine for those violating its export restrictions to over $30,000.
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00:00Taiwan's economy ministry says machine tools are no longer being sent to Russia and that
00:05it has been complying with international sanctions since March.
00:10The ministry was responding to an October report from a British think-tank which said
00:14that Taiwanese machine tools were still being found in Russia's supply chain. Such exports
00:19have been sanctioned because they can be used to make artillery used in Russia's war on
00:23Ukraine. The economy ministry says it's increasing the fine for violations of its export ban
00:28to more than US$30,000.