business / news / / Times of India
The European Union is calling on member states to avoid telecoms equipment from Chinese companies like Huawei and ZTE.
The EU may give itself expanded powers to ban 'high-risk' telecom equipment, such as from Huawei.
KEY POINTS
- China has threatened countermeasures if the EU implements new rules targeting Chinese telecom suppliers.
- The EU's recommendation could become binding, potentially requiring all member states to comply.
- Officials are considering limiting Global Gateway funding for projects using Huawei equipment.
COMPANIES
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