Disclosure filed Wednesday shows Huawei Technologies increase its spending about US lobbyists this past quarter as part of an effort to combat government-imposed sanctions.
The company has spent about 1.06 million dollars in the second quarter of 2021 – an increase of $180,000 from the first quarter of this year. The money is spent on lobbying the company’s business to find a way to address the government’s ban on the company’s equipment. The ban has mostly cost Huawei billions of dollars in projects funded by infrastructure programs approved by Congress.
Last month, US President Joe Biden extended a Trump-era executive order banning US companies from using Huawei telecommunications equipment over national security concerns. The extension means Huawei still cannot access any of the $65 billion that Congress is expected to spend to expand the nation’s internet infrastructure.
According to revealing reports, Huawei has hired three new lobbying firms run by current and former politicians. The report said Huawei has hired former Republican Representative Lee Terry, Glenn LeMunyon – a former aide to Tom DeLay in the House of Representatives – and Stephen Binhak, a former prosecutor during the Clinton administration.
“Huawei has partnered with these companies to create a better understanding between Huawei and the US government,” the sources said.
Terry and Le Munyon’s companies are hired to solve problems related to Huawei’s telecommunications equipment and infrastructure. Meanwhile, Binhak’s company is hired to lobby on issues related to the US’s imposition of economic sanctions and the annual defense spending bill.
Since the US imposed sanctions on the Chinese company, Huawei has struggled to gain a foothold in the country. The company’s sales in the US and other Western markets plummeted after former President Donald Trump implemented restrictive regulations.
The US accuses Huawei of using its technology on behalf of the Chinese Communist Party to spy on foreign countries. In 2019, Trump banned American technology companies like Google, Qualcomm and Intel from doing business with Huawei. The US has also called on its European allies to boycott Huawei products from their respective 5G network projects.
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https://www.btimesonline.com/articles/150498/20210721/huawei-ramped-up-u-s-lobby-spending-to-counter-trade-ban.htm | Huawei increases US lobby spending to fight trading ban