Business

EU trade commissioner dismisses U.S. threat


Bangladeshpost
Published : 18 Jan 2020 08:38 PM | Updated : 03 Sep 2020 07:56 AM

The European Commissioner for Trade, Phil Hogan, has said that the European Union will treat Chinese tech company Huawei fairly, adding that the related threat from the United States on intelligence cooperation is a "bluff", reports Xinhua. Hogan, who was physically in the United States, was speaking on Thursday via video link to the Global Counsel's Politics of Trade conference in London.

He was asked by Peter Mandelson, a senior British politician who used to be the European Commissioner for trade himself, whether the world's largest trading bloc, whether Europe can "fall in line behind the Americans in their demands" on Huawei. Hogan said: "What Europe would be doing is like (what) we always do in a very open market that we have in the European Union -- the most open in the world -- is that we will develop criteria by which people can trade fairly.

"We can't say to Huawei 'you can't come to the European Union'. That's not the way we want. We want to develop, you know, the necessary rules and disciplines for the people and companies can actually trade within the European Union in a very open way, whether it is Huawei or not," said the commissioner. "So we don't subscribe to the notion that 'whatever you do, you are blocked'. On Huawei, if they actually implement the rules of the game there's an internal market in the European Union. All competition is welcomed but it must be fair," Hogan noted.

Mandelson then asked what Hogan thinks of the U.S. threat to the United Kingdom that the cost of allowing Huawei would be losing U.S. "intelligence and security cooperation". Hogan replied: "I think that is a bit of saber-rattling. I don't think that will actually happen at the end of the day. Everybody has an interest in making sure that we are safe and secure and I think that the United States at the end of the day you can call their bluff on that one."