“And we want Chinese investment in sectors such as energy and those linked to electromobility”.
In this way, he explained to Radio 10, that “work is being done on a list of ten works already identified and discussed” within the framework of the Strategic Dialogue for Cooperation and Economic Coordination, one of the bilateral negotiation mechanisms, “for a amount equivalent to US$14,000 million”.
He also indicated that there is a second list of works that “Argentina is going to take later to an ad hoc group that has just been formed in the framework of the signing of Argentina’s entry into the Belt and the Silk Road.”
He stressed that it is “a platform for the promotion of trade and investment, on the financing of infrastructure works for another series of projects for an additional US$10,000 million, with different degrees of progress”.
Within the framework of the presidential visit to China, the official contextualized that “next February 19 marks the 50th anniversary of the establishment of diplomatic relations” between the two countries, and said that it is then “a good time to think about how It will be the next 50 years.”
In addition, he explained that already in both presidential mandates of Cristina Kirchner, “China has been a very important source of financing” for our country, and assured that the Government has various objectives ahead of it regarding bilateral relations with China.
In that sense, he assured that one of the main objectives is to obtain “financing for infrastructure works”, but also “increase Argentine participation in these works, having Argentine suppliers and companies that participate more.”
Just as he also pointed out that the idea is to “increase China’s foreign direct investment in Argentine territory, particularly those that could increase what Argentina exports” to that destination, given that we have “a large trade deficit” with the Asian giant.
In addition, he stated that he seeks to achieve “a commitment in terms of phytosanitary issues and the authorization of refrigerators, also important axes to export more”.
“We have to export more, produce more, generate quality work, because not having shocks in the macroeconomy allows us to continue advancing on the path of development,” said the official, who remarked: “We are the ones who have to identify which are those companies , products or services that Argentina can provide within the framework of a work financed by China”.
He argued that “Brazil and Chile in 2019 exported US$63 billion and US$22.5 billion, respectively, to China,” and remarked that they are “countries that are not aligned with China and yet have identified sectors, such as those associated with mining.” .
“The great challenge is to bring investment and make a chain of value here in Argentina,” said Todesca Bocco, and assured that this is the position that Argentina takes equally to Russia, China, the United States and the European Union.
Source: Ambito
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