UK says it can draw investment and defend values after Huawei row

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Britain can welcome foreign investment while also standing up for its values, business minister Alok Sharma said on Tuesday after China warned ...

LONDON: Britain can both remain a popular destination for foreign investment and stand up for its values, its business minister said on Tuesday after China warned that a dispute over tech firm Huawei could lead to many"consequences".

Britain is in the process of carving out a new foreign policy as it prepares to fully leave the European Union at the end of the year. Britain granted Huawei a limited role in its future 5G networks in January, but ministers have since said the introduction of US sanctions on the company means it may no longer be a reliable supplier.British officials say a review of the implications of the sanctions, which are aimed at cutting off Huawei's access to US chipmakers, was all but completed and ministers would make a decision soon.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines