Sending goods via Chinese subsidiaries risks straining ties with US and NATO and exposes companies to investigation
South Korean companies continue to export goods to Russia via subsidiaries in China, bypassing export restrictions imposed after Moscow’s invasion of Ukraine, according to a report by the Royal United Services Institute (RUSI).
While these companies benefit economically, the potential geopolitical risks for South Korea of not complying with Western-led sanctions are significant.
South Korean companies continue to export goods to Russia via subsidiaries in China, bypassing export restrictions imposed after Moscow’s invasion of Ukraine, according to a report by the Royal United Services Institute (RUSI).
While these companies benefit economically, the potential geopolitical risks for South Korea of not complying with Western-led sanctions are significant.
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