According to a report by Etnews on January 9th, the expected implementation of new regulations on synthetic nicotine tobacco in South Korea is likely to be delayed. Despite an agreement between the ruling party and opposition parties in the National Assembly on regulating such products, the discussion may be postponed due to the current special status of the government under the acting presidency system.
According to industry sources, the regulation of synthetic nicotine may be included in the revision of the Tobacco Business Act by the first half of 2025 at the earliest. However, due to the Planning and Finance Ministry, which is responsible for this law, being too busy to address this issue, the update process may be delayed. This is because Choi Sang-mok, the current Deputy Prime Minister and Minister of Planning and Finance, is also serving as acting President and Prime Minister, leading to a heavy workload.
In addition, concerns from the planning finance department about bottlenecks in handling tax issues related to synthetic nicotine tobacco have made quick legislation difficult.
An industry insider stated, "Since both the ruling party and the opposition have no objections to the new regulations on synthetic nicotine regulation, it is imperative to amend the Tobacco Industry Law. However, if the specific implementation methods and practical examination, such as tobacco taxes, are delayed by the Ministry of Planning and Finance, it may be postponed until the regular session of the National Assembly in September.
The crux of the revision bill lies in whether to include synthetic nicotine in the legal definition of tobacco. Currently classified as an industrial product, synthetic nicotine is not subject to the current Tobacco Industry Law restrictions, allowing it to be sold through various channels such as online stores, unmanned vending machines, internet cafes, and even in the form of cosmetics and watches.
Notice
1. This article is provided exclusively for professional research purposes related to industry, technology and policy. Any reference to brands or products is made solely for the purpose of objective description and does not constitute an endorsement, recommendation, or promotion of any brand or product.
2. The use of nicotine products, including but not limited to cigarettes, e-cigarettes, and heated tobacco products, is associated with significant health risks. Users are required to comply with all relevant laws and regulations in their respective jurisdictions.
3. This article is strictly restricted from being accessed or viewed by individuals under the legal age.
Copyright
This article is either an original work by 2Firsts or a reproduction from third-party sources with the original source clearly indicated. The copyright and usage rights of this article belong to 2Firsts or the original source. Unauthorized reproduction, distribution, or any other unauthorized use of this article by any entity or individual is strictly prohibited. Violators will be held legally responsible. For copyright-related matters, please contact: info@2firsts.com
AI Assistance Disclaimer
This article may have utilized AI to enhance translation and editing efficiency. However, due to technical limitations, errors may occur. Readers are advised to refer to the sources provided for more accurate information.
This article should not be used as a basis for any investment decisions or advice, and 2Firsts assumes no direct or indirect liability for any errors in the content.
