The U.S. Department of Commerce will issue licenses to U.S. companies seeking to...
A Huawei signage is pictured at their booth at Interpol World in Singapore July 2, 2019. REUTERS/Edgar Su
WASHINGTON - The U.S. Department of Commerce will issue licenses to U.S. companies seeking to sell to Chinese telecoms equipment giant Huawei Technologies Co Ltd [HWT.UL] where there is no threat to national security, Commerce Secretary Wilbur Ross said on Tuesday. Speaking at an annual department event in Washington, Ross said that Huawei remains on a blacklist known as the Entity List, which does not change the “presumption of denial” policy applied to license requests to sell to the firm.
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