Thursday, 13 Aug 2020 11:49 PM MYT
The rule, which was prompted by a 2019 law, could have far-ranging implications for companies that sell goods and services to the US government, since they will now need to certify they do not use products from Zhejiang Dahua Technology Co Ltd or Hangzhou Hikvision Digital Technology Co Ltd, even though both are among the top sellers of surveillance equipment and cameras worldwide.
Any company using equipment or services in day-to-day operations from these five companies will no longer be able to sell to the US government without obtaining a government waiver.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks fall on US stimulus uncertainty | Malay MailTOKYO, Aug 12 — Asian stocks dipped today on growing uncertainty over whether the US lawmakers would agree on an additional round of big fiscal stimulus to support an economy still struggling with the novel coronavirus. Hopes of vaccine development, however, prompted some investors to reduce...
Source: malaymail - 🏆 1. / 86 Read more »