Sweden became the first European Union country to sign the Pax Silica Declaration, US Deputy Secretary of State for Economic Affairs Jacob S. Helberg announced on X.
Helberg said recent events in the Strait of Hormuz highlighted how global infrastructure chokepoints can be leveraged to pressure the world economy. He emphasised that this threat extends beyond oil, affecting key corridors, ports, cables, and other critical elements of global logistics.
The deputy secretary stressed Sweden’s important role in ensuring resilient 5G infrastructure, citing Ericsson as an example of a major manufacturer with a long history of engineering expertise.
“We are building the logistics architecture, the mineral supply chains, the refining capacity, the manufacturing redundancy, and the investment vehicles so that no adversary — ever — can weaponise a chokepoint and threaten our economies,” he added.
Pax Silica is a US-led strategic initiative aimed at creating secure and resilient supply chains in high technology, semiconductors, and artificial intelligence.
By Jeyhun Aghazada
