US Restricts 6 Countries From Selling Telecom Products
Law360 (January 14, 2021, 7:55 PM EST) -- The U.S. Commerce Department announced a new rule Thursday that designates China, Russia, North Korea and three other nations as national security threats and prohibits U.S. companies from buying six types of communications infrastructure products and services from them.
The rule, set to take effect in 60 days, fleshes out President Donald Trump's May 2019 executive order that empowered Commerce to block technology transactions involving a "foreign adversary." The rule, which also names Cuba, Iran and Venezuela's Maduro regime, prohibits transactions with the designated nations — not specific companies in those nations — and more narrowly defines the types of communications technology the...
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