Oil products imported into Taiwan will be subject to stricter control starting November 1. That’s the word from the economics ministry on Friday. The new proposed measure came amid a tainted oil scandal that has affected hundreds, if not thousands, businesses.
The ministry said that it will work with the health ministry and the agriculture council to monitor all types of oil imports to Taiwan, including oil for industrial use, oil for animal feed, and edible oil. Importers will need to report the details of their shipment, inventory, and sales to the authorities every month. The three agencies will be sharing these data to make sure that all the imported oil products are used in the right places.
The economics ministry also proposed to raise the penalties for importers who do not regularly submit their import reports. The law amendment is scheduled to be sent to the Cabinet on Friday.