iMobile mobile home, June 8 news, according to Xinhua News Agency reported that ZTE events have made new progress, US Secretary of Commerce and Ross yesterday announced that it has reached a new resurgence of the settlement agreement, agreed in a settlement agreement, in order to ensure that the United States itself will be The Ministry of Commerce removed from the ban list. ZTE needs to pay a fine of 1 billion U.S. dollars. In addition, another 400 million U.S. dollars must be prepared for safekeeping by a third party.
So far, from the US Department of Commerce on April 16 issued permission to export ban on ZTE, has passed more than 50 days, the ban shows that since the resurgence of illegal transport of goods to Iran, would prohibit American companies to sell spare parts to ZTE (including related software, Content and technology) and will last as long as seven years.
iMobile Mobile Home, June 8 News According to Xinhua News Agency, the ZTE incident has made new progress. US Secretary of Commerce Ross announced yesterday that it has reached a new settlement agreement with ZTE. The settlement agreement stipulated that in order to ensure that it will be used by the United States. The Ministry of Commerce removed from the ban list. ZTE needs to pay a fine of 1 billion U.S. dollars. In addition, another 400 million U.S. dollars must be prepared for safekeeping by a third party.
At this point, it was more than 50 days before the U.S. Department of Commerce issued a ban on ZTE’s export authority on April 16. The ban indicates that because ZTE illegally transported goods to Iran, it will ban U.S. companies from selling parts and components (including related software) to ZTE. Content and technology) and will last as long as seven years.
