Zhongxing Telecommunications Equipment Corporation (ZTE)

Parent Company:
ZTE (China)
HQ Country of Company:
OFAC & Bureau of Industry and Security
Location of Sentencing:
Washington D.C.
Zhongxing Telecommunications Equipment Corporation, a telecommunications corporation established in the People's Republic of China, and its subsidiaries and affiliates, as well as ZTE Kangxun Telecommunications Ltd. and its subsidiaries and affiliates agreed to settle their potential civil liability for 251 apparent violations of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR).
Total Fine
1190000000(Commerce, BIS) + 100871266 (OFAC)
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
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