South Korea to Regulate Synthetic Nicotine as Tobacco Product
The South Korean government is set to implement comprehensive regulatory measures for synthetic nicotine, targeting a growing market segment that has previously escaped tobacco control regulations. Officials from the Ministry of Health and Welfare and the Ministry of Economy and Finance announced plans to amend existing tobacco-related legislation.
Closing Regulatory Gaps
Currently, synthetic nicotine products exist in a legal gray area. The proposed legislative changes will expand the definition of tobacco to explicitly include synthetic nicotine, ensuring these products face the same stringent oversight as traditional tobacco items.
Market Impact and Rationale
With e-cigarettes now representing 16.9% of domestic tobacco sales in 2023, the government aims to address potential health risks, particularly among young consumers. The revision will introduce critical regulations, including:
- Mandatory health warning labels
- Restrictions on sales to minors
- Implementation of tobacco-related taxation
Industry Response
The move comes amid global tobacco giant British American Tobacco’s consideration of launching a synthetic nicotine product in Korea, making the country a unique testing ground for such innovations.
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