UK Yet to Take a Final Decision on Huawei: Security Minister

On his second day of state visit to the UK, US President Trump is expected to bring up the issue of Huawei and attempt to persuade the UK from using the Chinese company’s technology for rolling out 5G networks.

For now, UK’s security minister Ben Wallace has commented on Huawei, stating that the government remains undecided on the issue and is yet to arrive at a final decision. While addressing BBC Radio, Wallace remarked, “The government hasn’t yet reached a conclusion on how to deal with infrastructure that is potentially weak or indeed could be exploited by foreign states to spy on us, that is ongoing.”

The US has been asking its allies to stop using Huawei’s technology, alleging that the Chinese government has been using the company to spy on countries and its citizens.

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Arslan Butt
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Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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