China hopes ZTE can be removed from U.S. export restriction list as soon as possible

China hopes ZTE can be removed from U.S. export restriction list as shortly as possible

SHANGHAI (Reuters) – China's commerce ministry said on Friday it hoped telecom equipment maker ZTE Corp could be removed as shortly as possible from a U.S. list of companies slapped with tough export restrictions this month.

On Tuesday the U.S. Department of Commerce said it would donate ZTE a three-month reprieve on export restrictions imposed on the company earlier in March for allegedly breaking U.S. sanctions against Iran.

"We hope that both sides will continue to appropriately handle this matter through dialogue & consultations, & that ZTE can be removed from the 'entity list' as shortly as possible," China's Ministry of Commerce said in a statement on its website.

p> (Reporting by John Ruwitch; Editing by Kenneth Maxwell)UK International NewsSingapore International NewsZTEU.S. Department of Commerce

Source: “Reuters”

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