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ZTE applies to U.S. Commerce department for suspension of business ban

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Reuters

(Reuters) - China's ZTE Corp has submitted an application to the U.S. Commerce Department's Bureau of Industry and Security for the suspension of a business ban, it said in a filing to Shenzhen stock exchange on Sunday.

Washington imposed a seven-year ban on U.S. companies selling components and software to ZTE after finding the Chinese telecoms company breached U.S. sanctions on Iran.

A U.S. trade delegation has said it would report back to President Donald Trump about China's representations on ZTE after the two sides' meet on May 3-4.

(Reporting by Min Zhang, John Ruwitch; Editing by Keith Weir)

 

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First Published: May 06 2018 | 6:37 PM IST

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