Ruiyuan Technology is a one-man company founded by Russian citizens in Taiwan to sell semiconductors with military application functions to Russia. (Chip schematic diagram) Image: Flip from TSMC’s official website
Russia has bombed homes since its invasion of Ukraine in February, causing many civilian casualties. The international community continues to impose sanctions against Russia. The United States has imposed the latest sanctions on Russia’s military supply chain, including Taiwan’s Ruiyuan technology. On the 15th, the Ministry of Economy replied that Ruiyuan Technology is a one-man company founded by Russians in Taiwan, which has already dominated the sale of semiconductors with military applications to Russia and has collaborated with the Ministry of Finance to tighten control. it will no longer issue export licenses in the future.
The State Department and the US Treasury Department have imposed the latest round of sanctions on Russia’s military supply chain, including entities and individuals in France and Switzerland, as well as Taiwan’s Ruiyuan Technology Corporation. According to US information, Sharp Edge Engineering Inc., located in Neihu, Taipei, was established on December 13, 2016 and is mainly engaged in the wholesale of electronic components.
An official of the Ministry of Economic Affairs said that since Rytech sells semiconductors with military applications to Russia, the Commerce Bureau will no longer issue export licenses. If Rytech exports products that violate the controls to other Russian companies in the future, it will also not be able to obtain them Export license for export to Russia. On the 15th, the Ministry of Economic Affairs issued a press release stating that Ruiyuan Technology is a one-man company founded in Taiwan by Russian citizens.
The Ministry of Economic Affairs went on to stress that the Bureau of Trade took over the company’s sales of semiconductors with military applications to Russia in the middle of this year and worked with the Customs Department of the Ministry of Finance to tighten controls. relevant. Regarding the establishment of another company in Taiwan by the same Russian representative of Ruiyuan Technology, the Bureau of Trade will also pay attention to prevent it from exporting dual-use goods for military and commercial use such as aggression.
The Ministry of Economic Affairs stressed that Taiwan, as a member of the international camp for freedom and democracy, has been cooperating with international allies to tighten export controls to Russia since Russia invaded Ukraine. .
Subsequently, on April 6 this year, the Ministry of Economic Affairs announced 57 items in the “List of high-tech goods exported to Russia”, expanding export controls to Russia. The Ministry of Economic Affairs said that with the close coordination and cooperation with the Ministry of Finance and other units, and the cooperation of domestic major high-tech companies, relevant export control measures have prevented the sale of high-tech goods to Russia to help develop the military industry and produce weapons.
Foreign Ministry spokesman Ou Jiangan said in a press conference on the 15th that Taiwan, as a responsible member of the democratic camp of the international community, has violated the UN Charter and invaded Ukraine against Russia. The investigation into Russia’s supply of industrial and military goods is within the scope of the business management of the Ministry of Economic Affairs. If the Ministry of Foreign Affairs needs to cooperate with it, the Ministry of Foreign Affairs is willing to cooperate with it to implement the relevant international sanctions against Russia.
The Customs Administration of the Ministry of Finance invited the Ministry of Economic Affairs to announce on April 6 this year that the list of “high-tech goods exported to Russia” will be added to the list of controlled products, which will enter into effective from the date of the announcement List of High-Tech Goods to Russia and Belarus”. Exporters exporting the above listed goods to Russia and Belarus must apply for an export license from the International Trade Bureau of the Ministry of Economic Affairs and export with customs declaration to avoid penalties.
