Huawei finance director Meng Wanzhou has reached an agreement with the US judiciary.

As a representative of the US Department of Justice said on Friday in a federal court in New York, a kind of probation procedure has been agreed.

The allegations against the top manager of the Chinese telecommunications giant Huawei could thus be dropped in December 2022.

Earlier, the Wall Street Journal reported that an agreement with the prosecutors provided Meng to admit to some wrongdoing, while the grave allegations of bank fraud would be dropped.

According to the New York Times, she will then be allowed to travel back to China.

The Huawei CFO and daughter of the company's founder Ren Zhengfei was arrested in December 2018 at the instigation of the American authorities in Vancouver, Canada.

The American government accuses her, among other things, of circumventing the sanctions against Iran.

Meng defends himself in the lengthy process against extradition to the United States.

The case has ramifications for international relations beyond Huawei.

Shortly after Meng was arrested, China arrested two Canadian businessmen.

In August one of them was found guilty of espionage and obtaining state secrets and sentenced to 11 years in prison.

Canada sentenced the prison term.