© TTI Business | December 28, 2020
BIS removes TTI subsidiary from military end-user list
As previously reported by Evertiq, a new rule rule released by the U.S. Commerce Department’s Bureau of Industry and Security (BIS) added a ‘Military End-User’ List to its regulations on military-use and end-user export controls, and in this broad sweep, a TTI subsidiary was included.
TTI Electronics Asia PTE Hong Kong Ltd (TTI HK), a subsidiary of U.S.-based TTI, had been incorrectly identified on the draft rule but was removed prior to publication of the final rule. "The action taken by BIS confirms our position that TTI HK is not a ‘Military End User’ nor does it maintain any ties to the Chinese military. Our customers, suppliers, and all business partners can rest assured that TTI and our affiliates globally are fully compliant with all laws and regulations in the locations where we do business, including all U.S. export control requirements," TTI writes in a short update.
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Enics opens a business development center in Switzerland The new business development center in Baden, Switzerland is said to "ensure excellence in customer service and strong presence in Central Europe".Load more news