S.Korea wins exemption on U.S. licence requirement for some Russia exports

FILE PHOTO: A truck carrying a shipping container travels past cranes at Pyeongtaek port in Pyeongtaek, South Korea, July 9, 2020. REUTERS/Kim Hong-Ji

SEOUL (Reuters) - South Korea said on Tuesday it has been granted an exemption from U.S. export restrictions requiring it to seek a licence for some tech-related exports to Russia following the invasion of Ukraine.

South Korea joins the European Union, Japan, Canada, Australia, Britain and New Zealand in receiving the exemption amid Washington-led sanctions aimed at blocking Russia's access to high-tech products, its trade ministry said in a statement.