Wednesday, 10 July 2019

US gov still open for Huawei trade, if it's safe.


Commerce Department will issue licenses where there is "no threat to US national security"

The US government has said it will grant licenses to companies that want to sell goods to Huawei if it deems it safe to do so. But, it hasn't specified what products that extends to.

Commerce Secretary Wilbur Ross made the comments on Tuesday at a conference in Washington but added that Huawei would remain on the entity list - which it was placed on in May.

"To implement the president's G20 summit directive two weeks ago, Commerce will issue licenses where there is no threat to US national security," He said. "Within those confines, we will try to make sure that we don't just transfer revenue from the US to foreign firms."



By Bobby Hellard.
Full story at IT Pro.

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