10.4 C
London
HomeEconomyThe Diplomatic Relationship Between the US and Czech Republic

The Diplomatic Relationship Between the US and Czech Republic

In today’s age, where the world is rapidly switching to high-tech alternatives, the U.S. and the Czech Republic have been two of the biggest global contributors to technological advancements and solutions. As such, it was easy for the countries to work closely together.

What cutting-edge technological solutions are the U.S. and the Czech Republic contributing to the global landscape? Explore the shared dedication of both nations to technological advancement and how tech companies from each are making significant strides in enhancing the lives of their citizens and people around the world.

The Countries’ Determination to Produce Cutting-Edge Technology

The United States and the Czech Republic have had great diplomatic relations for almost a hundred years. Both nations share common interests – politics, economy, and technology. 

According to the U.S. Department of State, the U.S. and the Czech Republic have always welcomed investors from both nations.

They added that those investments consist of automotive parts and equipment, energy, franchising, information technology, medical equipment, and scientific equipment. With that said, the majority of investments are related to technology.

Furthermore, the National Science Foundation enumerated the types of technology they and the Czech Science Foundation collaborate with.

Some of them include the following:

  • Artificial Intelligence
  • Nanotechnology
  • Plasma Science
  • Cybersecurity and Privacy

Because of this, more Americans and Czechs expanded their business in each other’s countries.

The American Expansion to the Czech Republic

Several U.S. and Czech companies have been partnering with each other for decades. However, more recent cooperations have been gaining worldwide attention due to the scale of these transactions.

For instance, the U.S.-led “Project Phoenix” provided grants for Small Modular Reactor (SMR) technologies in the Czech Republic, resulting in them receiving more investments from the United States – which is already the Czech Republic’s third largest non-EU investor.

Additionally, Onsemi (an Arizona-based semiconductor manufacturing company) plans on investing $2 billion to boost the “production of silicon carbide chips that are widely used to help extend the range of electric vehicles.”

To aid production efficiency, the company aims to expand in other countries. One of those nations is the Czech Republic – where they already have a factory based there.

Just like the Americans, the Czech Republic’s high-tech companies are also expanding their businesses in the United States.

The Czech Republic: From Industrialization to Tech Innovation

From 19th-century coal-powered trains that transported people to Vienna and Moravia to modern-day electronic device production, the Czech Republic has been one of the most industrialized countries in Eastern Europe.

The Czech Republic is also often nicknamed “The Silicon Valley of Eastern Europe,” and the nation is in its “Fourth Industrial Revolution” because several tech companies in the Czech Republic often succeed on a global scale.

And Americans are perhaps some of these companies’ biggest markets.

To better understand just how big these Czech companies are in the U.S., below is a list of a few high-tech companies that many use in their everyday lives.

These primarily include antivirus software applications, such as:

  • AVG
  • Avast
  • Kiwi.com
  • Cleverlance
  • Y Soft

Because of these high-tech partnerships, the Czech Republic companies are also expanding to the U.S. with ease. And the Consulate General of the Czech Republic noted this when he was asked to comment on the rise of Czech companies in New York City.

Consulate General Arnošt Kareš told Radio Prague International that he is proud to see “Czech companies succeed in North America and New York City where the competition is so high.”

Futhermore, the Czech Republic and the United States diplomatic relations strengthened further when the U.S. decided to fund the Czech Republic’s military to help them protect the deployed Americans “against the Russian threat, be it technology or information based.”

The Czech Republic Defense Minister Jana Černochová and Brigadier General Miroslav Feix also said in an article by the Ministry of Defense and Armed Forces of the Czech Republic that “Modern equipment has to be protected equally; antivirus is no longer enough.”

This further solidifies that whether in conflict or peacetime, the foundation of both nations’ solidarity is protecting democracy through modern methods.

Summary

The U.S. and the Czech Republic may be oceans and continents apart, but both nations are interested in high-tech innovations.

Diplomatic relationships and partnerships may seem challenging to establish, but it’s easier if one seeks a person, organization, or nation to share common priorities with.

latest articles

explore more