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Nikkei: The United States will provide financial assistance to Asian countries participating in the ban on Huawei

The Nikkei Asian Review reported that a senior US diplomat said that the US government may provide financial support in banning Huawei's 5G equipment.

Huawei is attractive to developing countries with limited resources because its products and services are generally cheaper than Ericsson and Nokia. But Keith Krach, the US deputy secretary of state for economic growth, energy and environmental affairs, said in a roundtable meeting with Nikkei and other Japanese media that these prices also have hidden costs.

When Krach made his remarks, Britain and France successively participated in the actions of the United States. Krach said that the United States did not rely on Huawei, but let other countries replace Huawei-made equipment.

"We can do a lot to help developing countries replace Huawei's equipment. Government agencies such as the US International Development Finance Corporation and the Export-Import Bank of the United States will provide assistance."

According to the bill passed in October 2018, the U.S. government doubled the government's infrastructure investment capacity. Krach hinted that it may cooperate with Japan and Australia to increase the construction of communication infrastructure. Krach said that a trusted telecommunications infrastructure is "part of our Indo-Pacific strategy." For countries such as the Philippines and Thailand that have not phased out Huawei products, I think the first thing we have to do is to cooperate with them to see if they can replace or change the decision.

Krach said that in the long run, the United States plans to expand its "5G clean route", which aims to remove vendors such as Huawei and ZTE from the 5G communications that enter and exit US diplomatic facilities.

He said: "We will soon expand the plan beyond 5G, including APP, systems, data centers, clouds and submarine optical cables."