ID :
148015
Sat, 10/30/2010 - 02:28
Auther :
Shortlink :
https://oananews.org//node/148015
The shortlink copeid
SINGAPORE TIGHTENS CONTROL ON STRATEGIC TRADE WITH N. KOREA, IRAN
By Zakaria Abdul Wahab
SINGAPORE, Oct 29 (Bernama) -- Singapore is tightening controls on strategic
trade with North Korea and Iran with an extended list of banned items, including
materials for making weapons of mass destruction, from being imported, exported
or transited via the city-state.
Singapore Customs said today the revised list, which included the new
prohibitions on any arms as defined by the United Nations Register of
Conventional Arms that include battle tanks, attack helicopters, warships and
missile systems, and related materials, would take effect from Monday.
At present, the prohibitions to the two countries include arms or related
materials, certain vacuum systems and pumps, compressors and gas blowers, as
well as luxury goods such as cigars, wines and spirits, and plasma televisions.
Under the revised list, the additional items that will be prohibited to both
countries include any item, material, goods, equipment or technology related to
nuclear programmes and ballistic missile programmes, and additional to Iran
things that could contribute to enrichment-related, reprocessing or heavy-water
related activities, or to the development of nuclear weapon delivery system.
Luxury goods that will be prohibited to North Korea include fur products,
leather bags and clothes, perfumes and cosmetics, personal digital music
players, luxury cars, motorboats, yachts, carpets, musical instruments, precious
jewellery, works of art and antiques.
The Singapore Customs said the latest amendments to the list of prohibited
imports, exports and goods to or from North Korea and Iran were in line with the
recent United Nations Security Council Resolutions' sanctions imposed on both
countries as well as Singapore's continuous commitment to its international
obligations.
Since 2003, the Singapore Customs has put in place regulatory controls on
movement of strategic goods and related technologies which can be used for
commercial and military purposes while according greater facilitation to
legitimate traders.
The revisions were timely in light of the recent increasing global attention on
curbing illicit diversions of strategic controlled goods and technology to
sanctioned countries and rogue entities, the Singapore Customs said.
Singapore's trade with North Korea and Iran, ranging from commodities to
agricultural, tobacco and consumer products, accounted for less than 0.4 per
cent of the total trade value of S$747 billion in 2009.
-- BERNAMA
SINGAPORE, Oct 29 (Bernama) -- Singapore is tightening controls on strategic
trade with North Korea and Iran with an extended list of banned items, including
materials for making weapons of mass destruction, from being imported, exported
or transited via the city-state.
Singapore Customs said today the revised list, which included the new
prohibitions on any arms as defined by the United Nations Register of
Conventional Arms that include battle tanks, attack helicopters, warships and
missile systems, and related materials, would take effect from Monday.
At present, the prohibitions to the two countries include arms or related
materials, certain vacuum systems and pumps, compressors and gas blowers, as
well as luxury goods such as cigars, wines and spirits, and plasma televisions.
Under the revised list, the additional items that will be prohibited to both
countries include any item, material, goods, equipment or technology related to
nuclear programmes and ballistic missile programmes, and additional to Iran
things that could contribute to enrichment-related, reprocessing or heavy-water
related activities, or to the development of nuclear weapon delivery system.
Luxury goods that will be prohibited to North Korea include fur products,
leather bags and clothes, perfumes and cosmetics, personal digital music
players, luxury cars, motorboats, yachts, carpets, musical instruments, precious
jewellery, works of art and antiques.
The Singapore Customs said the latest amendments to the list of prohibited
imports, exports and goods to or from North Korea and Iran were in line with the
recent United Nations Security Council Resolutions' sanctions imposed on both
countries as well as Singapore's continuous commitment to its international
obligations.
Since 2003, the Singapore Customs has put in place regulatory controls on
movement of strategic goods and related technologies which can be used for
commercial and military purposes while according greater facilitation to
legitimate traders.
The revisions were timely in light of the recent increasing global attention on
curbing illicit diversions of strategic controlled goods and technology to
sanctioned countries and rogue entities, the Singapore Customs said.
Singapore's trade with North Korea and Iran, ranging from commodities to
agricultural, tobacco and consumer products, accounted for less than 0.4 per
cent of the total trade value of S$747 billion in 2009.
-- BERNAMA
