US Says Chinese Firm Broke Export Rules in ZTE, Iran Contracts

A US agency dealing with national security said Far East Cable Co. violated American export-control rules by signing contracts with Chinese networking giant ZTE Corp. and Iranian businesses to sell US-origin equipment to Iran.

From September 2014 to January 2016, Far East Cable “served as a cutout” between ZTE — which was under investigation by the US for export-rule violations at the time — and Iranian telecommunications companies, the Department of Commerce’s Bureau of Industry and Security said in a statement Monday.