Washington signs agreement with ZTE to fully resume operations

WASHINGTON | The United States announced on Wednesday that it has signed an agreement with the Chinese group ZTE, paving the way for the complete resumption of its operations nearly three months after the ban on the import of components of American companies. The Commerce Department said in a statement that it has “signed an agreement on a receivership”. “When ZTE has finalized the $ 400 million receivership, the BIS (Bureau of Industry and Security) will cancel the order to ban exports of electronic components,” said the department. Washington banned all…

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