Xiaomi managed to do what Huawei could not: the US authorities agreed to exclude Xiaomi from the "black list"

In January of this year, the US government included Xiaomi and 8 other Chinese companies on its sanctions list. Is it true,

the measures were not as stringent as in the casewith Huawei: Americans were simply prohibited from investing in these companies, while Xiaomi was left with the opportunity to buy American components and use technology in production. But less than six months passed and the Chinese manufacturer managed to restore its good name.

What does it mean

Xiaomi went to court after being blacklisted. In March, the court temporarily suspended the ban, and now the company has managed to leave the sanctions list altogether.

Bloomberg writes about this, citingto court documents. It seems that the parties managed to peacefully resolve the dispute and come to a common solution. The publication notes that the parties have agreed on “further actions that will allow this dispute to be resolved without the need for a contested trial.” This means that the US Department of Defense is ready to lift the imposed bans.

However, it is still unclear under what conditions Xiaomiand the US government have agreed to a world peace agreement and whether all restrictive measures without exception will be lifted. It is reported that the parties are now continuing negotiations and will present a separate joint proposal to the court by May 20.

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