SETTLEMENT AGREEMENTSettlement Agreement • March 6th, 2017
Contract Type FiledMarch 6th, 2017This settlement agreement (the “Agreement”) is made by and between Zhongxing Telecommunications Equipment Corporation and its subsidiaries and affiliates, as well as ZTE Kangxun Telecommunications Ltd. and its subsidiaries and affiliates (collectively referred to hereafter as “ZTE” or “Respondent”), and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC).
SETTLEMENT AGREEMENTSettlement Agreement • March 6th, 2017
Contract Type FiledMarch 6th, 2017This settlement agreement (the “Agreement”) is made by and between Zhongxing Telecommunications Equipment Corporation and its subsidiaries and affiliates, as well as ZTE Kangxun Telecommunications Ltd. and its subsidiaries and affiliates (collectively referred to hereafter as “ZTE” or “Respondent”), and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC).