The report noted that the rule change was signed off by the US Commerce Department and other agencies, which was submitted to the Federal Register last week on 12 June 2020. People familiar with the matter said that the change is currently awaiting publication and is said to be published as early as Tuesday, 16 June (US Time). Information Technology Industry Council (ITIC) senior director Naomi Wilson told the Reuters that the new rule came in response to concerns from US companies and lawmakers. “Confusion stemming from the May 2019 entity list update had inadvertently sidelined U.S. companies from some technical standards conversations, putting them at a strategic disadvantage,” she said. Wilson added that the move is a much-needed clarification which would allow US companies to once again compete and lead in these foundational activities. Additionally, this would also help them to enable the rollout of advanced technologies, such as 5G and AI, across markets. “We look forward to reviewing the rule once posted and working with the administration on implementation,” she said. (Source: Reuters)
