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USA considers sanctions against Hikvision

According to media reports, the United States considers imposing severe sanctions on the Chinese video surveillance company Hikvision. The United States Department of the Treasury considers placing the world’s largest manufacturer of surveillance equipment and facial recognition software on an embargo list. Placing the company on the so-called Specially Designated Nationals and Blocked Persons (SDN) list would forbid US companies and citizens from trading and conducting financial transactions with Hikvision. In addition, US assets of the company could be frozen. This was reported by the Financial Times on Wednesday, citing four unnamed government sources.

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