'Unilateral Sanctions Against Russia Not Under Consideration'

Seoul: South Korea will join international sanctions against Russia, but is not considering imposing unilateral sanctions on its own, a senior official at the presidential office said on Friday. Park Soo-hyun, senior secretary for public communication, made the remark a day after President Moon Jae-in expressed regret over Russia's invasion of Ukraine and said South Korea will participate in international sanctions, Yonhap news agency reported.

"It's not an era where we can do something independently," Park said on TBS radio, elaborating on the president's remarks. "It means that if the US and European countries impose sanctions on Russia, we will naturally join them because we are connected."

The foreign ministry has indicated that Seoul may join international sanctions, including export curbs, on Russia. The ministry said it has been in consultations with the US and other nations to prepare details of the export control packages. South Korea is a major producer of semiconductors, electronics and other high-tech materials.

Also read: Bitcoin Helping Russia Evade Financial Sanctions, Putin May Legalize Crypto

Also watch: