Buenos Aires, May 24: Embattled Venezuelan President Nicolas Maduro has on Thursday said the country was hoping to create a nationwide 4G network system with help from Chinese and Russian technology, especially from the world’s tech giant Huawei.
According to Sputnik news reports, the Venezuelan leader stated Caracas currently is aiming at developing its satellite technologies and program.
“There are a lot of things that I should address. The first one is the creation of a telecommunications corporation… I have ordered to make an investment and, together with China’s technologies, Huawei technologies and the technologies of Russian companies, bring telecommunications [to a new level] and make a nationwide 4G network a reality in Venezuela to ensure Venezuela has fast communications, internet, and telephony”, Maduro stated in an address which he published late Thursday on Twitter.
Last week, the Donald Trump administration has added Huawei to its “entity list”, imposing a ban on the firm from acquiring technologies from the American companies without any approval from the government.
The United States has been opposing Huawei since the firm’s chief financial officer (CEO) Meng Wanzhou was detained last year in Canada over illegal transactions with Iran which violates the aura of US sanctions imposed on Iran.
However, today Trump has said China’s tech giant Huawei could be included in a trade deal between Washington and Beijing, despite labeling the giant firm “very dangerous”.
The China-US trade spat has escalated in recent weeks after, during which the US president imposed tariff hike on Chinese goods and in turn, China too raised tariffs on American goods, including threats of more actions.
The US has also fixed its target at Huawei to put the company on a trade blacklist. Washington argued Huawei poses a threat to American national security, while China accused the US of “bullying” the firm.
Also read: Huawei could be part of US-China trade deal: Donald Trump