Huawei to Deploy 5G and AI Capabilities at Strategic Omani Port on the Strait of Hormuz

On March 14, it was reported that Huawei and Oman’s largest state-run telecommunications company, Omantel, entered into a tri-party “Proof of Concept” agreement with the operator of Sohar Port to deploy 5G and artificial intelligence capabilities at the port's container handling terminal. The agreement was the latest indicator of Chinese interest and/or investment in the port, building on expressions of interest from Beijing that were ...

Serbia to Establish First European Production Facilities for Chinese and Russian Vaccines

On March 11, Serbian President Alexander Vucic announced that Serbia would be setting up a factory near Belgrade to produce Sinopharm COVID-19 vaccines by October 2021, with financial support from China and the United Arab Emirates. The site would represent the first Chinese COVID-19 vaccine production facility in Europe. Vucic noted that the factory, with a production capacity of 2-3 million vaccines per month, would provide a long-term ...

Russia’s State-Owned Nuclear Company, Rosatom, Acquires Stake in Lithium-Ion Battery Company

On March 5, Renera LLC, the energy storage division of Rosatom’s TVEL Fuel Company, finalized a 49% equity acquisition of the South Korean-based technology company, Enertech International, Inc., which manufactures components for lithium-ion batteries. The acquisition arrives in the context of increased supply chain competition for what has become a critical component of a wide variety of emerging industries spanning electric vehicles, ...