| 15.6°C Dublin

New 'feminist' policy puts exports at risk

Close

Sweden's biggest businesses are hurting because the government in Stockholm (pictured) puts feminism at the centre of foreign policy

Sweden's biggest businesses are hurting because the government in Stockholm (pictured) puts feminism at the centre of foreign policy

Sweden's biggest businesses are hurting because the government in Stockholm (pictured) puts feminism at the centre of foreign policy

Sweden's new "feminist" foreign policy is winning the country praise for standing up for human rights.

It could also end up costing exporters in the largest Nordic economy billions of kronor in lost sales.

After pledging to make women's rights the corner-stone of its foreign policy, the new Social Democrat-led government finds itself in a crisis with Saudi Arabia and the Arab League because Stockholm cancelled a decade-old military co-operation agreement.

While the government is scoring points at home in the world's most feminist nation, top executives at SKF, Ericsson and Volvo have said that scrapping the deal could have "large consequences" for industry and the country's reputation.

Irish Independent