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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.
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