Economy

German Economy Ministry Says Assessing Impact of US Blacklisting Huawei

BERLIN (Sputnik) - The German Economy Ministry is assessing the impact on German business of US sanctioning Chinese technology giant Huawei, a spokeswoman for the ministry said on Monday.
Sputnik

"What consequences this will have for German enterprises is what we are examining right now", the spokeswoman told reporters, adding the sanctions would not affect the national 5G Internet network.

China Supports Huawei's Legal Action After Google Complies With US Ban
The US Department of Commerce said last week it would blacklist Huawei on national security grounds, meaning US companies would not be allowed to trade with it unless they had a special license.

The United States has been aggressively trying to make Germany and other EU allies bar Huawei from supplying components for their high-speed broadband networks. Separately, Huawei will reportedly lose access to Google’s next version of the Android operating system and mobile apps.

Discuss