US-sanctioned company not a semiconductor manufacturer, says Miti

Jatronics was recently added to the US Department of the Treasury’s sanctions list for alleged links with Russian military suppliers as a part of broader sanctions targeting 300 entities from various countries

In a statement, the ministry said Jatronics Sdn Bhd, which has been alleged to supply electronic components to Russian firms linked to the military-industrial complex, is primarily engaged in"trading/wholesale of semiconductor and fabrication service". "STM requires exporting companies and those in the supply chain to undertake all necessary efforts to ascertain key information i.e. the final destination, end-user and the usage of the product," said Miti.Additionally, the ministry said Russia is not on the United Nations Security Council Resolutions' restricted or prohibited end-user list, and thus is not included under STA 2010.

Miti advised companies to be informed of any trade-restrictive measures and unilateral sanctions imposed by major trading partners to ensure they will not be subjected to any sanctions or other non-tariff barriers.

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