Home Business Huawei gets license extension in the US till 15th May 2020

Huawei gets license extension in the US till 15th May 2020

It seems that the Chinese tech giant Huawei has got yet another breather as the Donald Trump administration has extended a license. Reports suggest that the license allows companies in the US to do business with the Chinese telecom giant until 15th May 2020.

It must be remembered that the Trump administration had put a trade blacklist on Huawei due to national security concerns. Now, the US Department of Commerce has finally granted a series of extensions of the Temporary General License (TGL) to Huawei, a major producer of 5G equipment. Previous reports suggest that previously, the license was extended till 1st April 2020 but the company now got one more month of official business.

Huawei gets license extension in US till 15th May 2020
Huawei gets license extension in the US till 15th May 2020

On last Tuesday, the US Commerce Department said that it was seeking public comments on whether it should issue future extensions to the Huawei license despite it being on the “Entity List”. During the same time, the US Commerce Department extended the license until 15th May 2020 to get public input. People in the US can now comment and register their suggestions from 10th to 25th March 2020.

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After announcing the initial TGL back in May 2019, the Trump administration gave as many as three extensions to date so far to Huawei. This is done so that the companies and persons can get a good opportunity to shift to alternative sources of equipment, software, and technology.

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The TGL authorizes specific, limited engagement in transactions that involve export, re-export, and transfer of items subject to the Export Administration Regulations to Huawei Technologies Co. Ltd. and its non-US affiliates on the Entity List.

It must be noted that Huawei was added to the Entity List only after the US government concluded the company poses a “significant risk of involvement in activities contrary to the national security or foreign policy interests of the United States”.

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Alvin Holt
Alvin Holt
A geek since his childhood, Alvin loves to know about technology and startups as well as loves to write about them. He loves to spend time playing call of duty.

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