News
China bans U.S. firm exporting gene sequencers
Credit: Xinhua/NAN
A U.S. Company, Illumina, Inc. has been banned from exporting gene sequencers to China, the Ministry of Commerce announced on Tuesday.
The measure, effective immediately, followed China’s move to add the company to its unreliable entity list on Feb. 4, according to the ministry.
The statement noted that the measure was introduced to safeguard national sovereignty, security and development interests, and in line with relevant laws and regulations.
China added the company to the unreliable entity list after the company was found to have violated normal market trading principles, and terminated regular trade with Chinese companies.
It also adopted discriminatory measures against Chinese companies, thus causing serious harm to their legitimate rights and interests.
-
Latest7 days agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Aviation1 week agoNCAA, NAMA disagree over proposed revenue sharing formula
-
Business1 week agoNCC unveils cost-sharing framework to boost broadband rollout, end repeated road excavations
-
Business4 days agoCBN targets $12bn annual Diaspora inflows to boost FX liquidity
-
Maritime1 week agoLicensed port agents back FG’s Green Tax on imported vehicles
-
Business4 days agoSEC launches nationwide campaign to help investors recover unclaimed dividends
-
Politics1 week agoAjeromi: NDC vows even distribution of prosperity amongst Nigerians
-
Latest1 week agoAPC unveils Lagos Assembly candidates, leaves out 12 incumbent lawmakers


