Brexit needs hard work

A new report from Business Sweden states that action is needed to attract foreign investment to Sweden after Brexit. The report writes that Sweden is too small and too peripheral a country to automatically win foreign investment. Ann Linde, minister for EU and trade, says, “We need to work harder than other countries need to.”

The main proposal is to increase earmarked investment to sectors in which Sweden has a competitive edge, including the vehicle industry, IT and telecoms and the pharmaceutical industry.

Ann Linde says other countries have already started working aggressively to persuade companies to move there. “In order to be part of the game we need to know the areas in which we have a chance. The report specifies this so now we do not need to spend energy investing in other areas,” she says.