US-sanctioned company not a semiconductor manufacturer, says Miti

  • 📰 staronline
  • ⏱ Reading Time:
  • 45 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 75%

Corporate News News

Jatronics,Sanction,Miti

(Reuters) - England manager Gareth Southgate said Brentford striker Ivan Toney will get some minutes in their friendly against Iceland on Friday but getting captain Harry Kane back up to speed ahead of the European Championship takes precedence.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Miti: Semiconductor industry offers Malaysia chance for exponential growthBATU KAWAN, May 7 — The semiconductor industry presents Malaysia with a ‘once-in-a-generation’ opportunity for exponential economic growth and industry players are advised...
Source: malaymail - 🏆 1. / 86 Read more »

MITI encourages local companies to form investment partnerships with Saudi ArabiaKUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) is calling upon local companies to establish investment partnerships with companie...
Source: theSundaily - 🏆 25. / 51 Read more »