Posted on 12/01/2007 4:11:35 AM PST by Man50D
At a press conference held at the South Carolina State Capitol on Friday, presidential candidate and U.S. Congressman Duncan Hunter, R-Calif., called on Bain Capital, a company founded by former rival GOP candidate Mitt Romney, to drop its strategic partnership with Chinese defense contractor Huawei Technologies in a bid to buy U.S. defense contractor 3Com.
Hunter also called on Romney to use his continued influence with Bain to terminate the proposed merger between Huawei and 3Com, which, according to a report in the Washington Times, would threaten U.S. national security.
"As the founder of Bain Capital, Governor Romney has an obligation to utilize his influence within the company to terminate the proposed merger between 3Com and Chinese defense contractor Huawei," said Hunter. "In light of China 's refusal to port several American naval vessels last week, it is increasingly more important that American military technology be protected from foreign companies, such as Huawei, that are closely aligned with the Chinese government."
The Washington Times reports that U.S. intelligence agencies informed the CFIUS review committee, responsible for examining proposed foreign investment transactions, that a merger between 3Com and Huawei would threaten America 's national security. 3Com presently performs vital cyber-security work for the Department of Defense.
"This proposed deal, which Governor Romney can work to terminate should he choose to do so, is unpatriotic and damaging to national security," continued Hunter. As further detailed in a resolution introduced in the House of Representatives, Huawei has close ties to the military of communist China and allegedly aided Saddam Hussein and the Taliban.
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