While there’s been a lot of criticism of FinX toward Swedes, over their supposed
$SIVE sales, I actually think Sweden has been one of the smartest countries at spotting the coming opportunity and capitalising on the AI buildout.
The Pax Silica* and the bilateral Technology Prosperity Deal MOU with the US were both clear wins.
Together, they cover AI, connectivity, biomedicine, energy, space, quantum technology, advanced manufacturing, and defence innovation, and they show the payoff of Sweden pursuing direct cooperation with the US outside the EU framework.
government.se/press-releases…
I would prefer these deals to be structured and acceded to at the EU level first, but I can also understand the US preference for bilateralism (to divide and conquer/get the best deal). A fragmented Europe is easier for the US to manage, especially on sensitive topics like export controls and supply chain coordination.
Either way, these wins for Sweden mean tailwinds for their industry (and companies like
$SIVE).
*Sweden was the first to enter Pax Sillica, but Finland, Greece, and the Netherlands also joined after.