Huawei to invest US$800m in new Brazil factory amid 5G push

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Despite US objections. Huawei Technologies plans to build a US$800 million plant in Brazil’s Sao Paulo state over the next three years as the Chinese telecom giant ramps up its presence in Latin America despite US objections. In a press conference in China on Friday, Sao Paulo Governor João Doria, accompanied by Huawei executives, said…

EU and Mercosur reach agreement on trade

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The European Union and Mercosur reached today a political agreement for an ambitious, balanced and comprehensive trade agreement. The new trade framework – part of a wider Association Agreement between the two regions – will consolidate a strategic political and economic partnership and create significant opportunities for sustainable growth on both sides, while respecting the…