In China, 5G penetration is expected to reach 90% by 2030.
March 27, 2024
if Costa Rica continues to restrict Chinese companies from participating in the 5G market, which would put the relationship between the two countries at risk.
On Tuesday, March 19, the Chinese government’s special representative for Latin American affairs, Kui Xiaoqi, said this in response to a question from a news journalist. He also said that if the Costa Rican government does not rectify the issue, it will discourage Chinese companies from investing in the country.
If the Chinese company is excluded and other companies are excluded, Costa Rica will have to pay about US$1.5 billion, apart from the fact that there will be a delay of up to two years in the implementation of 5G, Xiaoqi said. There is.
The week before, Costa Rican Foreign Minister Arnoldo Andres Tinoco denied that the Costa Rican government was at fault and promised that relations with China would not be affected.
Since China is not a party to the Budapest Treaty, the country will not be considered for 5G provision. This is due to laws and regulations issued by the executive branch related to the regulation of 5G and beyond networks.
Mr. Xiaoqi hopes that the free trade agreement (FTA) signed between both Costa Rica and China will be respected. This agreement was signed more than 20 years ago to unify rules against cybercrime.
Experts say the agreement should not go beyond the FTA signed by the two countries, as it could lead to multimillion-dollar lawsuits.
According to the United Nations, China accounts for more than 30% of the world economy and has relationships with more than 140 countries around the world.