{"id":4875,"date":"2018-06-25T17:33:29","date_gmt":"2018-06-25T22:33:29","guid":{"rendered":"http:\/\/supfrt.com\/news\/?p=4875"},"modified":"2018-06-25T17:33:29","modified_gmt":"2018-06-25T22:33:29","slug":"bis-bans-zte-exports-due-violations-supercedes","status":"publish","type":"post","link":"http:\/\/supfrt.com\/news\/2018\/06\/25\/bis-bans-zte-exports-due-violations-supercedes\/","title":{"rendered":"BIS: Bans ZTE Exports Due to Violations &#8211; then Supercedes??"},"content":{"rendered":"<p><a href=\"http:\/\/supfrt.com\/news\/wp-content\/uploads\/2014\/04\/Export-sign.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"alignright size-full wp-image-2542\" src=\"http:\/\/supfrt.com\/news\/wp-content\/uploads\/2014\/04\/Export-sign.jpg\" alt=\"\" width=\"199\" height=\"160\" \/><\/a>BIS: ZTE Export Bans Due to Violations<\/p>\n<p>The U.S. announced <strong>April 16<\/strong> a ban on exports to China\u2019s second-largest telecommunications firm [ZTE &#8211;\u00a0 Zhongxing Telecommunications Equipment Corporation]. This was the latest penalty against that company for violating U.S. export controls.<\/p>\n<p>For companies that have conducted business with ZTE, they should consider implementing a comprehensive compliance response plan. Among other things, this plan should identify and prohibit any potential export activity with ZTE, including shipments (either direct or through third parties), release of technical data or software, and access to support sites, and address how to effectively communicate within and outside the company on ZTE business and related questions.<\/p>\n<p>On June 8, 2018, BIS has reached a superseding settlement agreement with Zhongxing Telecommunications Equipment and ZTE Kangxun Telecommunications Ltd. (collectively, \u201cZTE\u201d), which may lift the April 15, 2018 Denial Order that BIS issued against ZTE which includes:<\/p>\n<ul>\n<li>$1.4 Billion ZTE Settlement<\/li>\n<li>ZTE Board, Management Changes<\/li>\n<li>Strictest BIS Compliance Requirements Ever<\/li>\n<\/ul>\n<p>Click <a href=\"https:\/\/www.bis.doc.gov\/index.php\/forms-documents\/regulations-docs\/federal-register-notices\/federal-register-2018\/2235-zte-superseding-order-6-8-18-final\/file\">here<\/a> for all the details<\/p>\n<p>LATEST [6\/15] &#8211;\u00a0Senate leaders plan to set up a vote that would undo the White House deal to revive Chinese telecommunications company ZTE Corp. They plan to wrap into the National Defense Authorization Act an amendment that would ban ZTE from buying components from U.S. suppliers.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0More to come on this&#8230;..<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h1 id=\"pageTitle\"><\/h1>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BIS: ZTE Export Bans Due to Violations The U.S. announced April 16 a ban on exports to China\u2019s second-largest telecommunications firm [ZTE &#8211;\u00a0 Zhongxing Telecommunications Equipment Corporation]. This was the latest penalty against that company for violating U.S. export controls. For companies that have conducted business with ZTE, they should consider implementing a comprehensive compliance [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2542,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":"yes","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[6,17,1],"tags":[49,50,71],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BIS: Bans ZTE Exports Due to Violations - then Supercedes?? - Superior Freight Services Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/supfrt.com\/news\/2018\/06\/25\/bis-bans-zte-exports-due-violations-supercedes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BIS: Bans ZTE Exports Due to Violations - then Supercedes?? - Superior Freight Services Inc.\" \/>\n<meta property=\"og:description\" content=\"BIS: ZTE Export Bans Due to Violations The U.S. announced April 16 a ban on exports to China\u2019s second-largest telecommunications firm [ZTE &#8211;\u00a0 Zhongxing Telecommunications Equipment Corporation]. 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