SHANGHAI — Chinese telecommunications giant ZTE said on Tuesday it expected the US to lift restrictions on its business, amid talks with Washington over allegations it violated trade sanctions against Iran.Washington earlier this month slapped restrictions on ZTE and three linked companies for illicitly re-exporting controlled items from the US, to sanctioned countries including Iran.The curbs require ZTE to have specific licences before shipping US-made items to the parent company or the other three named firms.The move threatens the Chinese firm’s ability to buy technology hardware and software in the US. "ZTE has committed to, and fully expects to, fulfil all of the commitments in order to be removed permanently from the entity list," ZTE said, referring to the restrictions. In the meantime, it said, it had obtained a "temporary general licence"."This interim relief will enable ZTE to continue serving its major stakeholders as it works with the US authorities to reach a permanent...
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