China Underground > China Finance > Huawei signs a contract to develop the 5G network in Russia

Huawei signs a contract to develop the 5G network in Russia

Huawei, recently in the spotlight because it was accused of threatening US security, signed a contract to develop the 5G network in Russia with Russian partner MTS next year.

The agreement was signed on the sidelines of a meeting between the Chinese leader Xi Jinping and Russian President Vladimir Putin in Moscow, a meeting that happened coincidentally with the celebrations of the seventy-fifth anniversary of D-Day in Portsmouth, attended by the American president Donald Trump, the French president Emmanuel Macron, and German Chancellor Angela Merkel.

During the meeting between Putin and Xi, the Chinese leader called his Russian counterpart his “close friend”, since they met over 30 times in the last six years. It’s in fact, the eighth trip to Russia since 2012.

The agreement includes the development of 5G technologies and the pilot launch of the fifth generation networks in 2019-2020, wrote MTS in a statement.

In a comment reported, Guo Ping, one of Huawei’s rotating summits, expressed satisfaction with the deal, in an area of ​​strategic importance such as 5G.

Relations between Russia and the United States and its allies have worsened considerably from the crisis in Ukraine, due to the war in Syria, and from accusations of Russian meddling in the 2016 US elections.

On the other hand, relations with China are not particularly good either.

Indeed in the last year, with the worsening of the trade war between China and the United States, wanted by the American president to face problems concerning commercial imbalances, the protection of intellectual properties, and the forced transfer of technology, the relations between the two giants have reached a record low, and ended up intertwining with this main plot, several other issues such as Huawei, human rights, the rare earths, the Taiwanese issue, the production of synthetic drugs, etc.

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