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Goal Group News & Events
As a result of ITAR non-compliance issues, ZTE was banned from purchasing American parts. After 3 months the US Commerce Department has lifted the ban at the urging of US President Donald Trump, removing sanctions that had crippled the Chinese telecommunications giant who is the countries second largest telecommunications equipment producer. However having the ban lifted…
Mondaq recently published an article by Gregory Husisian about the twelve compliance steps every multi-national corporation should undertake in light of recent Trump administration enforcement activity. Over the last month, regulators with the Trump administration sent a loud message to companies subject to US jurisdiction: Enforcement of laws governing international activities is alive and well…
This week saw the activation of a denial order by the Bureau of Industry and Security (BIS) on the Chinese Telecommunications Company ZTE. This marks a significant moment, showing the punch BIS is willing to exert in this market area. As reported on the Commerce.gov website, “Secretary of Commerce Wilbur L. Ross, Jr. today announced…
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