According to the report, Trump administration is set to issue a two-week extension of a license allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd, world’s biggest maker of telecom network equipment.
The two-week extension is much shorter than the previous one, but a longer extension is underway, but has not been finalized due to regulatory hurdles, an informed source said.
After adding Huawei to an economic blacklist in May citing national security concerns, the US Department of Commerce allowed it to buy US-made products to minimize disruption to its customers, many of whom operate networks in rural America. Commerce Secretary Wilbur Ross told Fox Business Network on Friday that some rural carriers need the temporary licenses and are dependent on Huawei for 3G and 4G networks.
“There are enough problems with telephone service in the rural communities – we don’t want to knock them out. So, one of the main purposes of the temporary general licenses is to let those rural guys continue to operate,” Ross said.
The extension will be announced today (Monday), when the earlier reprieve is set to expire, the sources said, declining to be identified as the extension has not been publicly announced.
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17 November, 2019