Hitec Trade Compliance Statement
At Hitec, a global company, we are committed to complying with all applicable trade laws and regulations. We believe that adherence to these laws is essential to our success as a responsible exporter and a trustworthy business partner.
We strive to maintain the highest standards of integrity and ethical behavior in all of our business dealings. Hitec has established a strict control system and Internal Compliance Program (“ICP”) to ensure our products and services are not provided to parties aiming to use our products for prohibited delivery systems or other unauthorized end uses. Our ICP is designed to ensure that we and our partners comply with all applicable laws and regulations, and that we conduct business in an ethical and responsible manner.
Our commitment to trade compliance includes:
-
Compliance with all applicable laws and regulations governing international trade, including but not limited to import and export controls, sanctions, and anti-corruption laws.
-
Corporate policies and procedures to prevent the illicit use of our products and services.
-
A global trade compliance organization that oversees and implements Hitec’s trade compliance policies and procedures.
-
Conducting due diligence on and screening of our partners, including suppliers, agents, distributors, and customers, to ensure they comply with applicable trade laws and regulations.
-
Providing training and resources to our employees and partners to promote awareness and understanding of trade compliance requirements.
-
Maintaining accurate and complete records of all transactions and activities related to international trade, as required by law.
-
Promptly reporting any suspected violations of trade laws or regulations or potential misuse of our products to the appropriate authorities and taking appropriate corrective action.
We expect all of our employees and partners to uphold these standards of trade compliance and to act with integrity and ethical behavior in all of their business dealings. We recognize that trade compliance is a shared responsibility, and we are committed to working collaboratively with our partners to ensure that we all comply with applicable laws and regulations. If you have any questions or concerns, please contact Hitec’s compliance department at: compliance@hitecrcd.net
Export Regulations
Our products may be subject to various export control laws of the Republic of Korea, the United States, Japan, the Philippines, the EU/Germany, etc. While most of our products are comparable to EAR99 if they were to be subject to the U.S. Export Administration Regulations (“EAR”), certain jurisdictions may still control our products under a “catch-all provision” depending on the end use or end user.
Prohibited End Users
In accordance with applicable export control and economic sanctions laws and regulations as well as Hitec corporate policies, all Hitec products and services are prohibited for export/reexport/transfer (includes in-country transfer) to or access by the following:
-
Any company, resident, or affiliate of Cuba, Iran, North Korea, Syria, and the Crimea region, Ukraine's Donbas, Luhansk, and other Russian controlled areas of Ukraine, Belarus, Russia, Venezuela, and Yemen. This list may change without notice at the sole discretion of Hitec.
-
Re-export to the above countries is prohibited; you may not purchase our products if you “know or have reason to know” it would be contrary to applicable laws or regulations;
-
Entities or persons listed on including but not limited to the UN Consolidated List, U.S. Government’s Entity List, Denied Party/Person List, Specially Designated Nationals (SDNs) list, Debarred List, EU Consolidated Sanctions List, etc.
Hitec reserves the right to refuse to sell its products to anyone at our sole discretion or to cancel the order if there is any suspected violation of or intent to violate applicable laws or to misuse our products for illicit purposes.
You also consent to the processing of any personal data for trade compliance purposes and potentially releasing such information to third parties for compliance purposes.
Customs Classification Matrix for Hitec Products
Product Category HS
xx 8524.31
xxx 8524.31
xxxxx 8524.31
xxxxxxx 8524.40