OREANDA-NEWS  The Ministry of Economy of Taiwan has restricted the export of nitrocellulose to Russia and Belarus, the corresponding decision is published on the department's website.

"The Ministry of Economy announces that it has expanded the scope of restrictions on exports to Russia and Belarus by adding nitrocellulose (HS code 391220) to the list of controlled goods," the message says.

"This new control policy will officially come into force on June 14, 2024," the Ministry of Economy notes.

The document says that "nitrocellulose is known as an important component of smokeless powder and gunpowder for ammunition and is already regulated by the US and the EU." "Thus, control is necessary to prevent regulatory loopholes," the Taiwanese ministry said.