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Home » IANS » US govt grants export licenses for some Huawei’s suppliers

US govt grants export licenses for some Huawei’s suppliers

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Washington, Nov 21 (IANS) The US government has started to issue licenses to some US suppliers, allowing them to resume shipping to China’s telecom giant Huawei, The Wall Street Journal reported.

The US Department of Commerce in May put Huawei on its Entity List over the so-called “national security concerns.” The sale or transfer of American technology to a company or person on the Entity List requires a license issued by the department’s Bureau of Industry and Security, Xinhua news agency reported.

Reuters cited two industry sources as saying that companies began receiving notices of approval and “intent to deny” notices from the Commerce Department on Wednesday.

US Commerce Secretary Wilbur Ross told Fox Business Network late on Tuesday that the department has “had 290-something requests for specific licences.”

“We now have been starting to send out the 20-day intent to deny letters and some approvals,” said Ross.

The Commerce Department announced Monday to extend, for the third time, a temporary license loosening restrictions on business deals with Huawei for another 90 days.

Huawei said in a statement on May 20 that the US export control decision is in no one’s interest and will do significant economic harm to the American companies with which Huawei does business.

–IANS

sdr/

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
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