“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
