China telecom firm ZTE removed from U.S. trade blacklist

WASHINGTON (Reuters) – The U.S. Department of Commerce will remove Chinese telecommunications equipment maker ZTE Corp from a trade blacklist on Wednesday after the company pleaded guilty to violating sanctions on Iran and agreed to pay nearly $900 million, the agency said in a notice. [nL2N1GZ224]

Source:: China telecom firm ZTE removed from U.S. trade blacklist