Biden administration strengthens th...
11
02
Biden administration strengthens the restrictions on the supply of products for Huawei
[11th Reuters] -The US administration has changed to export permissions to companies that supply products to Chinese telecommunications equipment, a major Chinese telecommunications device company, and have added the 5th generation (5g) mobile communication system.We have strengthened restrictions on supply of products that may be used in compatible devices.
The relationship has revealed.
With this change, it may be difficult to fulfill the contract signed by the supplier based on the granted export permission.
The Ministry of Commerce's spokeswoman said that information on export permission had a confidentiality obligation.
This measure has revealed that the Biden administration has further strengthened the hard line on exports to Huawei, a threat to national security.
The export permit was initially given by the Ministry of Commerce in response to the Supplier's application, following the US government designated Huawei in 2019 as the virtual embossed list, the Entity List.
In this change, these old export permissions will be consistent with stricter guidelines introduced at the end of the Trump administration.
According to the Ministry of Commerce confirmed by Reuters, the former Trump administration has rejected 116 permission applications equivalent to a total of $ 119 billion in January, and made a decision to approve only four cases, equivalent to $ 20 million.Most of the rejected applications were made of memory, mobile phones, other devices, and network -related areas.
According to documents, Trump administration has granted companies in 2019-20 for Paland for the $ 87 billion for Huawei.Permit is generally valid for four years.
* Add information.
* For related information such as the original article, please see the "Related Content" menu on the right side of the screen.
Our Code of Conduct: Thomson Reuters "Principles of Trust"
