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Chinese telecommunications equipment manufacturer remains blacklisted
The US government today announced that it has begun issuing licenses to some US companies to supply their goods and services to the Chinese company Huawei, which is on the blacklist of the Department of Commerce. According to the source, this step brings the long-awaited clarity in the matter of relations with the world's largest producer of telecommunication equipment
Two industry sources said companies began to receive notifications of approval and the "intention to refuse" from the Department of Commerce as the US president seeks a partial trade deal with China.
It is not yet known which companies received the permissions, but now American suppliers have certainty regarding further work with a large customer: last year they made billions of dollars in trading with Huawei Technologies.
According to the US Secretary of Commerce, to date, the Department has received more than 290 license requests...
The US government today announced that it has begun issuing licenses to some US companies to supply their goods and services to the Chinese company Huawei, which is on the blacklist of the Department of Commerce. According to the source, this step brings the long-awaited clarity in the matter of relations with the world's largest producer of telecommunication equipment
Two industry sources said companies began to receive notifications of approval and the "intention to refuse" from the Department of Commerce as the US president seeks a partial trade deal with China.
It is not yet known which companies received the permissions, but now American suppliers have certainty regarding further work with a large customer: last year they made billions of dollars in trading with Huawei Technologies.
According to the US Secretary of Commerce, to date, the Department has received more than 290 license requests...
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