Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Sweden China Business topic
No spam. Unsubscribe anytime.
Sweden—s resolve holds, nominee says, as country blocks Huawei and ZTE and Ericsson invests in U.S.
Summary
The Sweden nominee told senators Sweden remains committed to resisting undue influence from China, pointing to court upholding of Huawei and ZTE restrictions and citing Ericsson—s $134 million U.S. investment as evidence of continued ties with the United States.
The nominee for Sweden told senators the country—s —backbone is strong— despite trade ties to China and said Sweden is clear-eyed about protecting sensitive infrastructure and intellectual property.
In response to a question about Chinese retaliation against Swedish companies, the nominee noted that Swedish administrative courts have upheld restrictions banning Huawei and ZTE from Sweden—s 5G build-out, and cited Ericsson—s recent $134,000,000 plant investment in Texas as an indicator of continued commercial partnership with the United States.
Why it matters: Decisions by Sweden on telecom security affect global 5G supply chains and inform allied approaches to vendor risk and market competition.
The nominee said if confirmed they would continue close dialogue with Swedish authorities and companies to protect mutual security and prosperity.
