The US government is loosening restrictions on the sharing of technology with blacklisted firms, seeking to maintain America’s lead in setting international standards as China closes the gap.
The Commerce Department’s Bureau of Industry and Security issued a rule authorizing the release of certain technology and software when organizations deliberate and decide on standards, it said in a statement Thursday. That should address questions over whether US firms need to secure a license before sharing “low-level” technology during such processes with sanctioned parties including Huawei Technologies Co., it said.
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