Slovenian-Chinese Business Council Concerned Huawei Will Be Classified as “High-Risk Supplier” | Beta Briefing

Slovenian-Chinese Business Council Concerned Huawei Will Be Classified as “High-Risk Supplier”

Source: Beta/Total Slovenia News
SEE Business / Slovenia | 14.10.20 | access_time 09:19

Huawei

The recently established Slovenian-Chinese business council at the Chamber of Commerce and Industry (GZS) expressed concern in a public letter on October 12, over the government's alleged plans concerning Chinese company Huawei.

According to unofficial information, the government could label Huawei a high-risk supplier in the coming weeks. A document obtained by the media shows that the initiative for this had come from the Public Administration Ministry and that the matter was still being discussed.

In the letter addressed to Prime Minister Janez Janša and the cabinet, the council, chaired by Žiga Vavpotič from the companies Outfit7 and Globaldreamvision, says that an open, stable, predictable business environment providing equal opportunities is crucial for good functioning of the economy, even more so in the period of post-pandemic recovery, Total Slovenia News reported.

The leadership of the council also expressed concern that such a government decree would be an important precedence.

Suggesting that such a label would damage any company's reputation and "represent illegal discrimination of a company based on subjective criteria that cannot be measured", the council warned that such a government move would strongly undermine foreign investors' trust in the Slovenian business system.

Companies, both Slovenian and foreign, need a predictable business environment, so such sudden and unpredictable government decisions are extremely harmful, the council said.

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