South Korea said on Thursday that it will join a move to sanction Russia if the latter carries out a full-blown invasion of Ukraine.
"The (South Korean) government has no other option but to join sanctions against Russia, including export controls" if Russia goes ahead with a full-fledged war in any form despite repeated warnings from the international community, Yonhap news agency reported citing a senior foreign ministry official's statement.
South Korea has been in consultations with the US and other allies on the issue.
The government will consider all available options to minimise the potential impact on the economy and damages on Korean businesses from such measures, the official added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.