Huawei is suing Sweden over its exclusion from the fifth generation network – Jerusalem

Stockholm – (AFP) – The Chinese telecom giant “Huawei” announced that it has filed a lawsuit once morest Sweden before an arbitration court of the World Bank, once morest the background of banning the sale of its products to the fifth generation Internet network in the country.

And the Chinese company announced in a statement that the decision of the Swedish authorities, which it described as “discriminatory once morest it”, which ruled “to exclude it from the process of launching the fifth generation network has severely damaged Huawei’s investments in Sweden.”

The Chinese group indicated that it had “launched arbitration proceedings (…) once morest the Kingdom of Sweden” before the International Center for Settlement of Investment Disputes of the World Bank “following a number of measures taken by the Swedish authorities that directly targeted Huawei’s investments in Sweden by excluding Huawei from the process of launching network products and services.” The fifth generation in the country.”

Huawei has not announced the amount it is claiming for damages.
But according to the state TV channel SVI, the initial compensation claimed amounts to 5.2 billion Swedish crowns (495 million euros), but in the end it might become much larger.

Following the example of the United Kingdom in mid-2020, Sweden became the second European country, and the first in the European Union, to prevent telecom operators from using Huawei equipment in the country’s 5G network.

Sweden also ordered Huawei to withdraw the previously supplied equipment by January 1, 2025.
After a complaint lodged by Huawei, a Swedish court ruled in June 2021 to uphold the decision of the Swedish postal and telecommunications authorities.
The measure caused a crisis in relations between Sweden and China. Beijing had warned at the time that the decision of the Swedish postal and telecommunications authorities might have “repercussions” on Swedish companies operating in China, which raised fears of reprisals once morest the giant Swedish telecoms group “Ericsson”, a competitor to Huawei.