ZTE Pleads Guilty to Violating U.S. Sanctions on Iran

The transcript discusses the penalties imposed on ZTE, including an immediate $892 million monetary penalty and a seven-year suspended denial order. Additionally, a $300 million suspended fine is mentioned, both serving as deterrents against future misconduct. If ZTE fails to comply, these penalties will be enforced immediately.

What is the purpose of the penalties imposed on ZTE?

• to provide long term deterrence

• to generate revenue

• to punish past actions

• to satisfy public demand

What will happen if ZTE steps out of line during the seven-year period?

• penalties will be imposed

• they will receive a warning

• the agreement will be void

• no action will be taken