ZTE Removed From Trade Blacklist After Guilty Plea
Commerce Department's Bureau of Industry and Security removed ZTE from a trade blacklist after the company pleaded guilty earlier this month to export-related violations (see 1703230038). BIS added one Chinese individual to the entity list, Shi Lirong, who was ZTE…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
CEO when company documents that had detailed the firm's illicit export plan were signed. Those documents indicated ZTE organized a scheme to establish shell companies to Iran in violation of U.S. export control laws, BIS said in Wednesday's Federal Register.