U.S. could seek American
compliance officers at ZTE: Ross
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[May 24, 2018]
WASHINGTON (Reuters) - The United States has
not made a final decision on changes to its ban on ZTE
Corp <0763.HK>, but any alternative remedy could include
installing U.S. compliance officers at the Chinese
telecoms company, Commerce Secretary Wilbur Ross said on
Thursday. |

U.S.
Commerce Secretary Wilbur Ross, a member of the U.S.
trade delegation to China, returns to a hotel in
Beijing, China May 3, 2018. REUTERS/Jason Lee |
The U.S. Department of Commerce is re-evaluating sanctions on
the company at the request of President Donald Trump. The ban
had been imposed on the company, which has admitted to violating
sanctions on Iran and prompted national security concerns.
In an interview on CNBC, Ross said it remained unclear if the
Chinese would accept having Americans embedded in ZTE, but that
the company was not "in strong negotiating position" with
sanctions already in effect.
"If we do decide to go forward with an alternative, what it
literally would involve would be implanting people of our
choosing into the company to constitute a compliance unit," that
would report back to the Commerce Department and the chair of
the company board after management changes.
"The whole key is enforcement," he added.
(Reporting by Susan Heavey; Editing by Doina Chiacu and Chizu
Nomiyama)
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