Tag Archives: export

Export ban placed on Queen Victoria's wedding coronet

A temporary export ban has been placed on a sapphire and diamond coronet that belonged to Queen Victoria, preventing it from being sold abroad. The coronet, designed by Prince Albert for their wedding in 1840, is at risk of being exported unless a UK buyer matches the £5m asking price. The temporary ban was imposed after the owner applied for an export licence. Culture minister Matt Hancock, who imposed the ban, said it symbolised one of the UK’s “most famous love stories”. The 11.5cm (4.5in) wide coronet is mounted with ...

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China’s ZTE says temporary U.S. export license could be extended

HONG KONG (Reuters) – Chinese telecom equipment and smartphone maker ZTE Corp said on Wednesday a temporary export license from the United States could be extended if the company meets promises made to the U.S. government for allegedly breaking U.S. sanctions against Iran. Reuters: Technology News

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U.S. slaps export curbs on China's ZTE over alleged Iran scheme

The United States is imposing export restrictions on China’s ZTE Corp and three other entities over an alleged scheme developed by the telecoms equipment maker to re-export controlled items to Iran, contrary to U.S. law, according to a U.S. notice on Monday. The U.S. Commerce Department, in the public notice, cited ZTE documents that showed the mobile handset maker planned to use shell companies in the scheme, leading the department to impose export curbs that will make it harder for ZTE to acquire U.S. products. ZTE would be able to ...

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