Seoul, South Korea – South Korea’s Ministry of Trade, Industry, and Energy announced on Tuesday that it will be expanding its export controls to include a range of advanced technologies, including quantum computing and 3D printing.
The ministry plans to add 21 new items and technologies to its strategic goods export control list, as part of its 36th amendment to the relevant regulations. These additions include quantum computers, quantum computer isotopes, cryogenic cooling systems, cryogenic measurement equipment, 3D printing technology, and high-temperature coatings.
"The items designated for control are subject to similar export controls in many countries for the sake of international peace and national security," said a ministry official. "We will continue to work closely with the international community to strengthen export controls."
The South Korean government has also decided to exempt humanitarian goods, such as medical devices, from the "situational permit" requirement, which applies to exports to specific countries like Russia and Belarus. However, exporters of medical devices will still need to submit a pre-notification form.
A situational permit is a requirement for goods that, while not classified as strategic goods, could be used for military purposes if exported to certain countries.
The ministry expects the revised regulations to take effect in the first half of next year and has pledged to provide ongoing consulting services to businesses through the Trade Security Management Institute.
By tightening export controls on advanced technologies, South Korea aims to align its regulations with international standards and prevent the misuse of these technologies for purposes that could threaten global security.
[Copyright (c) Global Economic Times. All Rights Reserved.]
