Reklam
Reklam
Reklam
Reklam
Reklam

US grants 3-month reprieve to cushion Huawei ban's domestic disruption

THE Trump administration has issued a licence that will allow US companies to keep doing business with Huawei for the next three months to mitigate export restrictions placed on the Shenzhen telecom equipment maker, reported London's Financial Times

US grants 3-month reprieve to cushion Huawei ban's domestic disruption

THE Trump administration has issued a licence that will allow US companies to keep doing business with Huawei for the next three months to mitigate export restrictions placed on the Shenzhen telecom equipment maker, reported London's Financial Times

22 May 2019 - 19:00

THE Trump administration has issued a licence that will allow US companies to keep doing business with Huawei for the next three months to mitigate export restrictions placed on the Shenzhen telecom equipment maker, reported London's Financial Times.

Last week, the US abruptly announced that it was placing Huawei on the Commerce Department's export blacklist - known as the entity list.



The licence would enable operations to continue for existing Huawei mobile phone users and rural broadband networks in the US, said US Commerce Secretary Wilbur Ross.



'The temporary general licence grants operators time to make other arrangements and the department space to determine the appropriate long-term measures for Americans and foreign telecommunications providers that currently rely on Huawei equipment for critical services,' Mr Ross said.


WORLD SHIPPING

This news 158 hits received.