US Is Doubling Down on Tech Deals with the Gulf: Helberg

Bloomberg Technology
Bloomberg TechnologyApr 27, 2026

Why It Matters

By pivoting to private‑sector‑led partnerships and diversifying critical supply chains, the U.S. aims to blunt China’s economic influence while unlocking growth opportunities for American tech firms in the Gulf and Southeast Asia.

Key Takeaways

  • US builds "Paxilica" coalition to counter China’s Belt‑and‑Road influence
  • Forward‑deployed industrial base launched with Philippines as test‑bed
  • Strategy emphasizes private‑sector partnerships over state‑owned global projects
  • Diversifying supply chains aims to reduce single‑point failures like rare earths
  • US‑UAE AI working group highlights broader Gulf tech collaboration

Summary

The video features a senior U.S. official outlining a new economic‑security initiative called Paxilica, a 14‑nation coalition designed to counter China’s Belt‑and‑Road model by leveraging private‑sector strength and strategic partnerships in the Gulf and Southeast Asia.

Key points include the launch of a forward‑deployed industrial base in the Philippines, the oldest U.S. ally in Asia, as a test‑bed for American firms. The approach stresses private‑company‑driven platforms rather than state‑owned infrastructure, and seeks to derisk supply chains by diversifying sources of rare‑earths, helium and other critical inputs. The U.S. also convened an AI working group with the UAE, underscoring broader Gulf collaboration.

Notable remarks highlight America’s “superpower is the power of its private companies” and the intent to give partners “skin in the game” and share upside. The official credited President Trump’s leadership for enabling the historic Philippines partnership and noted ongoing discussions about Chinese access to advanced chips.

The initiative signals a shift toward market‑based statecraft, aiming to reduce reliance on China, open new tech markets in the Gulf, and strengthen supply‑chain resilience, with potential geopolitical ramifications for U.S.–China relations.

Original Description

Under Secretary of State for Economic Affairs Jacob Helberg says the US is doubling down on partnerships with Gulf countries, and the conflict in the Middle East only highlights the need for international partnerships that shore up the tech supply chain. Helberg joins Ed Ludlow on “Bloomberg Tech.”
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