0
General

ZTE granted reprieve in US export restrictions

Wednesday 23 March 2016 | 10:09 CET | News
ZTE has been given a reprieve in the export restrictions imposed by the US, until the end of June. Earlier this month the company said the US Department of Commerce was imposing restrictions on US-based vendors exporting products to ZTE in China due to violations by ZTE of sanctions on Iran and other countries. ZTE said the US has now agreed to allow a temporary licence for exports to ZTE, suspending the restrictions until 30 June, while it considers the case further. The temporary licence is renewable if the US government determines that the company is "timely performing their undertakings

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: ZTE Belgium
Countries: China / United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

ZTE to pay USD 892 mln in fines in US sanctions case

Published 08 Mar 2017 08:45 CET | United States
ZTE has agreed to pay USD 892.36 million in fines for violating US sanctions. The company reached a settlement with the US ...

ZTE gets 1-month extension waiving US export restrictions

Published 27 Feb 2017 09:40 CET | United States
ZTE announced that it received another one-month extension of its exemption for US export restrictions. ZTE said earlier this ...

ZTE expects fine in US sanctions settlement

Published 14 Feb 2017 10:43 CET | China
ZTE announced that it's in talks on settling charges in the US that it violated sanctions against Iran. The company said the ...

ZTE names US-based export compliance officer

Published 15 Nov 2016 09:52 CET | United States
ZTE appointed Matthew Bell as the company's chief export compliance officer and legal counsel. Bell will also serve as the chief ...

T-Mobile US adds ZTE ZMax Pro to lineup

Published 27 Oct 2016 07:49 CET | United States
ZTE USA announced the availability of the ZMax Pro at T-Mobile for USD 179.99 MSRP. The ZMax Pro has a large and bright 1080p FHD ...

US extends reprieve on ZTE sales ban

Published 29 Jun 2016 12:02 CET | United States
The US government has extended through 30 August a reprieve to ZTE on export restrictions imposed on the Chinese company in March ...

ZTE names new CEO

Published 05 Apr 2016 13:53 CET | World
ZTE has announced the appointment of CTO Zhao Xianming as its new chairman and CEO, replacing Shi Lirong, who has been in the ...

ZTE to announce top executive reshuffle - report

Published 04 Apr 2016 13:46 CET | World
ZTE is expected to soon announce an executive reshuffle, the Wall Street Journal reported, citing sources familiar with the ...

US to give some sanction relief to ZTE - report

Published 21 Mar 2016 08:52 CET | United States
The US government plans to temporarily lift trade sanctions against ZTE , the Wall Street Journal reported, citing a senior ...

ZTE confirms US restrictions on suppliers

Published 09 Mar 2016 08:42 CET | United States
ZTE has confirmed that suppliers shipping products to the company from the US will be subject to export restrictions by the ...

ZTE to face US export restrictions

Published 07 Mar 2016 08:56 CET | United States
ZTE announced a halt in trading in its shares pending an announcement on the US Commerce Department's proposal to implement ...