Feb 07 2019
WASHINGTON – U.S. Senator Jerry Moran (R-Kan.) – member of the Senate Committee on Banking, Housing, and Urban Affairs – joined a bipartisan group of Senators to introduce the ZTE Enforcement Review and Oversight (ZERO) Act. This legislation would enforce full compliance by ZTE with all probationary conditions in the Commerce Department’s July 2018 deal. The deal lifted a denial order, banning the export of U.S. parts and components to ZTE for seven years. If the Commerce Secretary cannot regularly certify ZTE’s full compliance with the deal and with relevant U.S. export controls and sanctions laws, the denial order’s crippling punishments will be reinstated against ZTE.
“ZTE – with the support of the Chinese government – has repeatedly violated U.S. sanctions, and they must be held accountable for their actions,” said Sen. Moran. “The bipartisan ZERO Act would authorize the Commerce Department to monitor ZTE and make certain they are not violating the current trade agreement. I urge my colleagues to support this legislation to protect our national security interests from bad actors and ensure ZTE faces severe penalties if they break the law again.”
The ZERO Act was authored by Senator Marco Rubio (R-Fla.) and cosponsored by Senators Chris Van Hollen (D-Md.), Mark Warner (D-Va.), Susan Collins (R-Maine), Elizabeth Warren (D-Mass.) and Doug Jones (D-Ala.).
Full text of the legislation can be found here.
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