China welcomes Argentina in an official document

China welcomes Argentina in an official document

When asked by Ámbito, the Government confirmed the existence of the communication and highlighted its importance as it is a document that comes directly from the Chinese Foreign Ministry. The head of the Ministry of Foreign Affairs of the Asian country and Cafiero met four times in the last twelve months, the last summit was this week at the United Nations General Assembly in New York. Hours later, the aforementioned statement emerged.

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Although a possible return of Lula da Silva to power in Brazil could speed up the process, Argentine diplomacy does not see it as a condition. Russia, South Africa and India, a country with which there is also an oiled link, accompany the formal request of the Alberto Fernández administration.

Foreign Ministry sources confirmed that “Argentina could access the financing granted by the BRICS development bank before the definitive inclusion”. This point is not minor, the financial entity of the bloc of developing economies has a financing program projected for the period 2022-2026 that reaches US $ 30,000 million.

The intention is not new. As this medium learned, A few months ago, a working group was formed focused on the strategy for Argentina’s entry into the BRICS. This is a task coordinated by the Executive Branch with the participation of ambassadors Eduardo Zuain (Russia), Hugo Gobi (India), Claudio Pérez Paladino (South Africa), Sabino Vaca Narvaja (China) and Daniel Scioli (Brazil).

“Of the four main commercial partners of Argentina, three are in the BRICS, so it is quite natural that we move in that direction to access financing that is outside the classic scheme of international architecture, which is the new Development Bank, that will allow us to obtain financing under differentiated conditions”, argued Cafiero in dialogue with Radio 10.

International agreement to strengthen supply chains

In addition to participating in the UN summit, this week President Alberto Fernández made a virtual presentation at the International Forum on Resilient and Stable Industrial and Supply Chains that took place in China. At the end of the conclave, Argentina subscribed to the formal initiative on this issue that was reflected in an eight-point document that aims to “support the economic recovery of all countries.”

“Argentina wants to be a key partner to solve global problems in supply chains,” said Fernández. At the same event, both the president and the Argentine ambassador to the Asian country assured that “we are facing a historic possibility of ending our external strangulation, consolidating ourselves as a resilient and safe supplier of China.”

Source: Ambito

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