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Huawei Drags Sweden To Court For Banning 5G Products

Huawei Technologies Co. said it has initiated arbitration proceedings against Sweden under the World Bank Group after the Nordic country banned the Chinese tech giant from rolling out its 5G products.

“The Swedish authorities’ decision to discriminate against Huawei and exclude it from the 5G roll-out has significantly harmed Huawei’s investment in Sweden, in breach of Sweden’s international obligations,” the Chinese company said in a statement to Agence France-Presse.

The company had, therefore “initiated arbitration proceedings” under the World Bank Group’s International Centre for Settlement of Investment Disputes (ICSID) “against the Kingdom of Sweden following a number of measures taken by the Swedish authorities targeting directly Huawei’s investments in Sweden and excluding Huawei from the roll-out of 5G network products and services in the country,” Huawei added.

Following the UK in mid-2020, Sweden became the second country in Europe and the first in the European Union to explicitly ban network operators from using Huawei equipment in the build-up of the infrastructure needed to run its 5G network.

Sweden also ordered Huawei to remove already installed equipment by January 1, 2025.

Source: techgistafrica

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