Media Statement

Release Time:2012-03-27
Media Statement - ZTE Press Release

Media Statement

Date:2012-03-27 ZTE Click:193

There has been some recent media coverage concerning ZTE and the company’s business dealings with Iran. ZTE would like to clarify its position in regard to this matter.

 

ZTE operates in over 140 countries and regions around the world. The Company always respects and complies with international and local laws wherever it operates.

 

ZTE has provided standard communications and network solutions to Iran on a small scale. However, due to local issues in Iran and its complicated relationship with the international community, ZTE has restricted its business practices in the country since 2011. ZTE no longer seeks new customers in Iran and limits business activities with existing customers.

 

ZTE has strict internal audit and compliance policies in place. The Company has a dedicated import and export control committee chaired by a senior executive. It also provides internal and external import and export compliance training to its employees.