One of the world's largest telecommunications company, Huawei of China, which has been banned from doing business with United States companies as a result of spyware discovered in some of its devices, has expressed an interest in doing business in Antigua and Barbuda.During an official visit to China, Prime Minister Gaston Browne met with members of the management team of the multi-billion-dollar telecoms company and discussed avenues of co-operation in Antigua and Barbuda.
Browne informed the Huawei executives that his government is determined to create an environment in Antigua and Barbuda that is conducive to profit generation and ease of doing business. He noted that the country's tax structure will be restructured to favour investments.
The prime minister also outlined that Antigua and Barbuda is poised to become the economic powerhouse under his administration and it will be the gateway for conglomerates such as Huawei to enter Latin American and Caribbean markets.During the meeting, Huawei announced it will be putting together a team to visit Antigua and Barbuda by mid-September to explore the possible collaboration with APUA PCS and the establishment of mobile, internet and cable television services.
Caribbean News Now