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New Era in Argentina-Mainland China Relations Announced

Mainland Chinese President Xi Jinping announced a new era in mainland China-Argentina relations during a meeting with Argentinean President Mauricio Macri on the side-lines of the recent G20 summit in Buenos Aires. According to a press release by mainland China’s Ministry of Foreign Affairs, President Xi observed that “under the current complicated and rapidly-changing international circumstances, the two countries should chart the course of their relations with a broader vision, and work together to open up a new era of their comprehensive strategic partnership and make new contributions to peace, stability and prosperity in both countries and the world at large.” The press release states that bi-lateral relations between mainland China and Argentina are currently characterised by “unprecedented breadth and depth.”

In a press release of its own, the Office of the Argentinean President indicated that over the course of the next five years the two sides will work to intensify co-operation in a number of fields, including energy, infrastructure and mining. President Macri noted that Argentina and mainland China are developing countries that should endorse the spirit of the G20 forum based on co-operation and multi-lateralism. He added that Argentina will do well if mainland China also does well, because the mainland has proven to be a great engine in the development of the global economy.

In a joint declaration issued on 2 December, the two sides agreed to continue to pursue exchanges at the national government, legislative, political party and sub-national entity levels to further consolidate the development of bi-lateral relations. They agreed to promote balanced growth in bi-lateral trade, including by strengthening co-operation in the areas of quality and quarantine and enhancing collaboration on electronic commerce and trade facilitation. Implementation of the on-going co-operation projects in the hydroelectric power and railway/road sectors will continue and additional work will take place in infrastructure projects, nuclear energy, petroleum and gas, clean energy, agriculture, mining, tourism and manufacturing. Bi-lateral exchanges will also continue in such areas as tourism, education, science and technology and sport. Moreover, Argentina expressed its willingness to promote dialogue between mainland China and Mercosur.

Content provided by Picture: HKTDC Research
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