Saturday, November 28, 2020
Home Uncategorized US tries to squeeze Huawei out of Brazil’s 5G network development

US tries to squeeze Huawei out of Brazil’s 5G network development

Also on rt.com

FILE PHOTO: Moscow, Russia © Sputnik / Vladimir Sergeev
China’s Huawei responds to US crackdown by boosting investment in Russia

Brazil is one of the leading economies in Latin America, and losing such a lucrative market could be another big blow for Huawei. Earlier this year, the UK, which initially did not plan to exclude Huawei from its market, said the firm would be banned from its 5G networks. On Tuesday, Sweden became the latest country to decide against Huawei having a role in its 5G development.

China is Brazil’s largest trade partner, accounting for the bulk of the country’s exports. However, relations between the two nations have become more strained since Brazilian President Jair Bolsonaro took office in 2019. It was previously reported that the president was considering a ban on Huawei supplies being used in Brazil’s future 5G network.

China has hinted that Brazil’s decision on Huawei could have an impact on the nation’s business reputation. “What’s at stake is whether a country can set up market rules based on openness, impartiality and non-discrimination for all companies,” said China’s ambassador to Brazil, Yang Wanming.

For more stories on economy & finance visit RT’s business section

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Camila Cabello Reaction To Boyfriend Shawn Mendes’ Netflix Documentary Shows That They Are A Dream Couple

Two young singers, Camila Cabello and Shawn Mendes, who are also both very successful in their fields, are almost over a year in their...

Hulk Hogan’s Daughter Brooke Flashes Her Toned Midriff As She Poses Up A Storm In Floral Knotted Shirt

The daughter of iconic WWE wrestler Hulk Hogan and famous singer, Brooke Hogan, has shared yet another stunning pose of herself via her Instagram...

Channing Tatum Surprises Everyone With His New Photo While Explaining Why He Did It

The other day, actor Channing Tatum, who shared a post two months ago, shared a selfie of his new style on his Instagram account,...

Eniko Hart Turns Heads In White Sweatshirt And Leggings As She Heads Out For A Stroll With Daughter Kaori

The successful comedian and actor Kevin Hart‘s wife, Eniko Hart, has shared a recent photo of herself with her newborn daughter, Kaori Mai, on...

Recent Comments