U.S. allows ZTE to submit more evidence

The U.S. Commerce Department has granted ZTE’s (OTCPK:ZTCOF) request to submit more evidence after the agency barred American companies from selling to the Chinese firm.

The Bureau of Industry and Security had slapped a seven-year ban on the telecom equipment maker for breaking terms of an agreement reached last year after it was found to be illegally shipping goods to Iran.

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