Huawei's chief financial officer, Meng Wanzhou, has reached an agreement with USÂ prosecutors to resolve the bank fraud case against her, in a process that should allow her to leave Canada.
Ms Meng was arrested at Vancouver International Airport in December 2018 on a USÂ warrant, and was indicted on bank and wire fraud charges for allegedly misleading HSBC about Huawei's business dealings in Iran.
Assistant US Attorney David Kessler told a New York judge on Friday the agreement would end in December 2022 and that, as long as Ms Meng did not break the law, the charges would be dropped.
The criminal case against Ms Meng — the daughter of Huawei founder, Ren Zhengfei — and Huawei was cited in the blacklisting.
Articles published by Reuters in 2012Â and 2013 about Huawei, a Hong Kong-registered company Skycom and Ms Meng figured prominently in the USÂ criminal case against her.
Reuters also reported numerous financial and personnel links between Huawei and Skycom, including that Ms Meng had served on Skycom's board of directors between February 2008 and April 2009.
Judicial hearings in her extradition case in Vancouver wrapped up in August, with the date for a ruling to be set on October 21.
During USÂ Deputy Secretary of State Wendy Sherman's July trip to China, Chinese Vice Foreign Minister Xie Feng insisted that the US drop its extradition case against Ms Meng
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