ZTE Requests US Government to Lift Export Sanctions

Chinese smartphone manufacturer ZTE was recentlybanned from selling its products in the USfor the next seven years by the US Department of Commerce for allegedly breaking a trade embargo against Iran and North Korea. As part of the ban, US companies were also prohibited from selling parts and software to ZTE during the time period. Just days after the sanctions were imposed, ZTE released a statement saying that itwon’t accept the ‘unfair’ penaltiesand would seek legal action to get the decision overturned.

Now, according to a recentreportfromAFP,ZTE has submitted a request to the US Department of Commerce to issue a stay on the export ban and allow the company to resume operations in the country. A stay on the ban is not only crucial for ZTE’s survival but has also resulted in trade tensions between the US and China.

It’s worth noting that electronics majorHuawei is also currently under investigationin the US and might face a similar ban. The Federal Bureau of Investigation (FBI) and the Office of Foreign Assets Control (OFAC) are conducting probes into whether the company was sending US technology to embargoed nations, including Syria, Iran and North Korea. Even though Huawei refutes all allegations, the company haspicked up work on a new operating systemin case it is prevented from using Android in its devices.

Pranob Mehrotra

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