Tickets for the event, to be held in partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), go on sale on Tuesday
sports1 hour ago
Huawei got another breather as the Trump administration extended a licence that allows companies in the US to do business with the Chinese telecom giant until May 15.
Ever since Huawei was put on a trade blacklist in May 2019 due to national security concerns, the US Commerce Department granted a series of extensions of the temporary general licence (TGL) for the company, which is a major producer of 5G equipment.
The licence was previously extended until April 1.
The Commerce Department said it was seeking public comments on whether it should issue future extensions of the temporary licence for Huawei despite it being on the "Entity List".
At the same time, the department extended the licence through May 15 to provide for this opportunity for public input. People in the US can offer their comments from March 10-25.
The initial TGL from May 2019 and the three extensions that followed were intended to allow time for companies and persons to shift to alternative sources of equipment, software and technology, the department said, adding that it is trying to find a permanent solution.
The TGL authorises specific, limited engagement in transactions involving the export, re-export and transfer of items.
Huawei was added to the Entity List 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".
Tickets for the event, to be held in partnership with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), go on sale on Tuesday
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