The Ministry of Economy of Taiwan sanctions the Russian company I Machine, which helped supply the Russian Federation with high-tech Taiwanese machines.
Sanctions against the Russian company I Machine
Taiwan's Ministry of Economy said that the country's enterprises are prohibited from exporting all goods to this company.
The ban is in place to preserve the international reputation of Taiwanese businessmen for future global sales and to prevent Taiwan's high-tech goods from being used for weapons development in Russia.
The Ministry of Economy also appealed to manufacturers to sever ties and confirm the ban on the export of high-tech goods to Russia.
Manufacturers are obliged to strictly declare the end consumer if the goods are exported through countries that have not joined the sanctions against the Russian Federation (for example, Turkey, the United Arab Emirates, countries of Central Asia, etc.).
The Commerce Department of Taiwan's Ministry of Economy has also significantly increased fines for illegal exports to Russia and Belarus, increasing fines for the first illegal export to Russia by more than 15 times, amounting to RMB 1 million ($32,000).
So far, Taiwan has imposed sanctions against 1,900 entities that are one way or another connected to Russia.
Export from Taiwan to Russia
The Washington Post recently published an investigation that Moscow-based I Machine Technology, a supplier to arms manufacturers, continued to import high-tech manufacturing equipment from Taiwan after the Russian invasion of Ukraine.
It is about equipment worth 20 million dollars. Last year, I Machine delivered the most equipment to the Avangard Moscow Machine-Building Plant, a supplier of missiles for S-400 air defense systems.
Another customer was a man who runs a company that produces command posts for Russia's Yars intercontinental ballistic missile system, which can carry nuclear weapons.
