October 4, 2018
Publication:
The Wall Street Journal
U.S. federal judge Ed Kinkeade extended the term of a court-appointed monitor overseeing ZTE Corporation's compliance with U.S. export controls by two years, until 2022. The extension follows ZTE's breach of a settlement agreement regarding its violation of sanctions on Iran and North Korea. Judge Kinkeade also gave the monitor additional powers, bringing them in line with the authority of a second compliance monitor appointed by the Commerce Department under a seperate settlement agreement with ZTE concluded in June.
