2020-10-21T05:32:02+00:00

US government offers Brazilian telecoms financing to buy 5G equipment from Huawei rivals

Brazilian President Jair Bolsonaro and US National Security adviser Robert O’Brien Credit: Marcos Corrêa/PR (Public Domain)

The US government, via the U.S. International Development Finance Corporation (DFC), the U.S. EXIM bank and the National Security Council, offered financing to Brazilian telecoms to keep them from buying Huawei Technologies 5G equipment.

The Chinese Embassy in Brazil on Twitter accused the American government of seeking a networking "monopoly." Still, it said it believed most countries would remain independent and make their own decisions regarding 5G.

Sources: Content Sources

Source: FRANCE 24

Image Source

Marcos Corrêa/PR (Public Domain)

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