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US accuses Chinese company of helping ZTE hide business with Iran -Commerce Dept

US accuses Chinese company of helping ZTE hide business with Iran -Commerce Dept

FILE PHOTO: A sign of ZTE is seen at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang

WASHINGTON : The United States on Tuesday accused Far East Cable, China's largest wire and cable manufacturer, of violating U.S. export controls related to shipments to Iran, the Commerce Department said.

"The charging letter alleges that Far East Cable signed contracts with ZTE and Iranian telecommunications companies to deliver U.S.-origin equipment to Iran as part of an effort to conceal and obfuscate ZTE’s Iranian business from U.S. investigators," the Bureau of Industry and Security (BIS) said in a statement. 

BIS is charging Far East Cable with 18 violations of U.S. export controls.

Source: Reuters

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