South Korea is checking a company that came under US sanctions due to trade with Russia

2024-02-25T08:13:24.493Z

Highlights: Daesung International Trading, registered in the city of Gimhae in Gyeongsangnam-do Province, became one of the foreign firms subject to restrictions by the United States on February 23. Earlier, the US Department of Commerce announced export restrictions against 93 companies from a number of countries for assisting the Russian Armed Forces and the Russian military-industrial complex. The authorities of the Republic of Korea initiated an investigation into the company, which was subject to US sanctions due to trade with Russia.

The authorities of the Republic of Korea initiated an investigation into the company, which was subject to US sanctions due to trade with Russia. This was reported by the South Korean Foreign Ministry.