Η Xiaomi Corp. and government of the United States reached an agreement to permanently remove the company from the blacklist included in his government Donald Trump, and that could limit the company's investment in the US.
Η Xiaomi had filed a lawsuit earlier this year after the US Department of Defense under the former President Donald Trump, issued an order for the definition of the company as Communist Chinese Military Company, which would have led to its complete exclusion from investment in the US, as well as the removal of the company from the global benchmarks.
The US Department of Defense finally agreed yesterday to lift any restrictions imposed on Xiaomi, and to remove the company from the infamous blacklist drawn up by its previous government Donald Trump.
Η Xiaomi and Pentagon representatives declined to comment on the developments so far, and the Chinese Foreign Ministry spokeswoman, Hua Chunying, said in a regular press conference in Beijing that he was not aware of any agreement the company has reached with the US.
«The parties agreed on a way forward that would resolve this dispute without the need for dispute", And the parties involved are now negotiating the specific conditions for lifting all the restrictions that have been imposed, and will submit a separate joint proposal before 20 May.
Its shares Xiaomi after these positive developments for her, they rose to 6,7% in its transactions Hong Kong today Wednesday.
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