The entity list still does not satisfy the USs consideration of using nuclear options for Huawei

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 The entity list still does not satisfy the USs consideration of using nuclear options for Huawei


According to a source quoted by Reuters on December 3, depending on the development of Huawei situation, the United States is considering Huawei to be included in the special national list (SDN) in the next few months. In short, Huawei is prohibited from entering the US financial system, trading in US dollars and freezing its related assets. As far as the strength of sanctions is concerned, it is the most lethal sanctions weapon of the United States.

The observer network noted that the United States used the list when it imposed sanctions on enterprises and individuals such as Iran and Russia. If it does, Huawei will be the largest company on the list ever.

Reuters quoted three sources as saying that the trump administration considered Huaweis inclusion in the SDN earlier this year, but finally shelved the plan and chose to include Huawei in the entity list.

However, in the near future, the US intends to re list Huawei in Sdn. First of all, the plan has passed the review of the White House National Security Committee and has been listed as an option when sanctions against Huawei. At the same time, U.S. government officials drafted a memorandum on the matter and held an inter agency meeting. According to people familiar with the matter, the US government is still likely to restart the sanctions against Huawei, depending on how the Huawei situation develops.

Zhang Guoxun, a senior consultant of China Lun law firm, said the SDN list was maintained by the office of overseas asset management (OFAC) of the US Treasury. The persons on the list are known as specially designated nationals (SDN), i.e. individuals and entities whose property and property interests are frozen under various sanctions programs administered by OFAC. Generally speaking, Americans (U.S. persons, including U.S. citizens, legal permanent residents, entities established under U.S. law and other organizations located in the United States, etc.) shall not conduct any transactions with SDN, and must freeze the property and property interests of SDN owned or controlled by them. SDN is also not allowed to access the US financial system. OFAC and the U.S. State Department also provide that foreigners implicated in U.S. violations of the SDN ban may be subject to civil and criminal penalties under the International Emergency Economic Powers Act. At the same time, foreigners may also be subject to secondary sanctions from the United States if they engage in significant transactions with entities on the SDN list for certain goods and services. As a result, SDNs transactions with non-U.S. persons will also be adversely affected to some extent. In addition, being included in the SDN list will cause a certain reputation loss to individuals or enterprises.

Observers noted that the current list of SDNS listed on the official website of the US Treasury Department has reached 1346 pages. Rusal, the worlds second aluminum company, and Persian Gulf petrochemical industry company, Irans largest petrochemical enterprise, are listed. And thats what the U.S. used to sanction Iran and Russia. According to the website of the Ministry of Commerce of China, after the United States announced sanctions on Iran in December 2018, it listed Iranian related enterprises and individuals in Sdn.

If it does, Huawei will be the largest company on the list ever.

A spokesman for the US Treasury declined to comment on the matter: we will not comment on the investigation or expected action. In an interview with CNBC news on the same day, U.S. Commerce Secretary rose said, the United States is always considering various means of sanctions against enterprises. But today I dont think something will happen.

(function() {(window. Slotbydup = window. Slotbydup| []). Push ({ID: 6374560, container: ssp_, size: 300250, display: inlay fix, async: true});)))); Rose unilaterally pointed out that Huawei urged its suppliers to transfer their business out of the United States to avoid U.S. sanctions, doing so is to encourage U.S. enterprises to break the law.. It is worth mentioning that Huawei was listed in the entity list in May this year in the United States, trying to block the latters business contacts with American enterprises, so as to suppress Huaweis performance. However, the plan seems to have lapsed. In an interview with German media last month, Ren Zhengfei, Huaweis president, said, we can now solve the supply problem without relying on the United States. The United States lists Huawei as an entity, and Huawei still survives The entity list will not hurt Huawei, but it will hurt American enterprises. The U.S. government will withdraw if it likes to withdraw, and it will not withdraw if it doesnt love to withdraw. It only needs to consider the interests of American companies, and it doesnt need to help us to consider. Source of this paper: responsible editor of observer network: Wang ning_nb12468

Rose unilaterally pointed out that Huawei urged its suppliers to transfer their business out of the United States to avoid US sanctions, doing so is to encourage us enterprises to break the law..

It is worth mentioning that Huawei was listed in the entity list in May this year in the United States, trying to block the latters business contacts with American enterprises, so as to suppress Huaweis performance. However, the plan seems to have lapsed.

In an interview with German media last month, Ren Zhengfei, Huaweis president, said, we can now solve the supply problem without relying on the United States. The United States lists Huawei as an entity, and Huawei still survives The entity list will not hurt Huawei, but it will hurt American enterprises. The U.S. government will withdraw if it likes to withdraw, and it will not withdraw if it doesnt love to withdraw. It only needs to consider the interests of American companies, and it doesnt need to help us to consider.