U.S. offers Brazil telecoms financing to buy 5G equipment from Huawei rivals

By Lisandra Paraguassu and Andrea Shalal
BRASILIA/WASHINGTON (Reuters) - The U.S. government stepped up an offensive on Tuesday to keep China's Huawei Technologies out of Brazil's 5G market, with Washington offering to finance purchases by Brazilian telecom companies of equipment from its competitors.
During a visit to Brasilia, officials of the U.S. International Development Finance Corporation (DFC), the U.S. EXIM bank and the National Security Council told reporters that funding was available to buy equipment from other companies.
The U.S. delegation was headed by National Security adviser Robert O'Brien, who met with Bolsonaro before they attended the signing of an EXIM bank financing agreement that identifies areas of business cooperation that includes 5G telecoms.
In Washington, top U.S. officials urged Brazil to carefully monitor Chinese investments in Brazil and moves by Beijing to expand ...


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