Ross says the license for U. S companies to sell them to Ascend the ‘coming soon’: the international monetary Fund

FILE PHOTO: U.S. Secretary of Commerce Wilbur Ross is to meet with the Prime minister, Kyriakos Mitsotakis (not shown) at the Maximos Mansion in Athens, Greece, September 5, 2019 at the latest. REUTERS/Costas alexandros baltas/File Photo

(Reuters) – U.S. Secretary of Commerce Wilbur Ross said on licenses for AMERICAN companies to sell assets to the chinese company, Huawei Technologies Co. will be coming “very soon” in an interview with Bloomberg published on Sunday.

Ross said the licenses will “follow shortly” and that the U.S. government had received 206 applications.

“That’s a lot of applications, and it is, frankly, more than you would have thought of that,” Ross added.

Huawei was not immediately respond to a request for comment.

In May, Huawei was the world’s largest telecom provider, was an AMERICAN black-list entry for the national safety, effectively a ban on the purchase of American-made parts without a licence”, whereas the AMERICAN companies were banned from selling to the Smartphone, without the transfer of a license.

The US President, when He promised in June to provide some relief to companies doing business with Huawei.

The U.S.-china trade development, Ross said that there was no reason for the deal not to be on the right track to be signed this month.

“We’re in pretty good shape, and we are on the right track, and that there is no natural reason why it should not be,” Bloomberg quoted Ross as saying.

Reporting Akshay Balan in Bengaluru, Editing by Rosalba O’brien

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