The Commerce Department will accept applications from companies that want to supply Huawei, but it remains blacklisted

TechCrunch | 7/10/2019 | Staff
ashb0101 (Posted by) Level 3
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About two months after Huawei was placed on the Commerce Department’s Entity List, the Chinese telecom equipment and smartphone giant will be able to do business with American suppliers again–but only if they get a license from the U.S. government. Commerce Secretary Wilbur Ross made the announcement during a department conference, adding that companies must first demonstrate that the technology they sell to Huawei will not put national security at risk.

Huawei will remain on the entity list, however, and license applications will be reviewed under a “presumption of denial,” making it likely that most will not be approved.

Month - Presidents - Japan - G20 - Summit

Last month while both presidents were in Japan for the G20 Summit, Donald Trump told Chinese leader Xi Jinping that he would allow U.S. companies to sell equipment to Huawei again, but the promise created confusion about how it would be carried out,...
(Excerpt) Read more at: TechCrunch
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