The Chinese embassy crossed the US Treasury Secretary for its criticism of the SWAP with Argentina

The Chinese embassy crossed the US Treasury Secretary for its criticism of the SWAP with Argentina

During his visit, the US official praised the progress of the economic plan after the departure of the stocks and according to the IMF and highlighted the negotiations to achieve a free trade agreement in the middle of the war of tariffs unleashed by Donald Trump. As for China, Besent He said he wanted to avoid in Latin America “what happens with the African continent, where China signed agreements disguised as help.”

The defense of the Chinese embassy against the said Secretary of the United States Treasury

After Besent’s statements, and in the midst of a growing climb of tensions between both powers, the Chinese embassy issued a statement of several points to defend against the accusations of Donald Trump’s official. “The statement on the qualified agreements of raptors and the alleged large amounts of debt in which the People’s People’s Republic of China is false. What is true that some people with undercover motif“They said.

On the intention behind these agreements they said that “it has been to contribute to the socio -economic development and the improvement of the well -being of the peoples” and were “very well received by the governments and benefits benefited.” In this sense, they added: “If the United States prefers not to travel this path, at least It should refrain from obstructing or deliberately sabotling the assistance provided by other countries to the nations of development and the global southern. “

“Nor should it sacrifice the well -being of the peoples of these nations to serve their selfish geopolitical interests in defense of their own hegemony. This attitude not only lacks a minimum respect for developing countries and the global south, but also exposed The hegemonic and intimidating character of an immoral procedure“concludes the first point of defense of the Asian giant embassy.

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Then, during a second part of the statement, the embassy spoke of the current agreement between Argentina and China and explained: “China has always carried out pragmatic cooperations with Argentina in various fields, including the swap, On the basis of mutual respect, equality and mutual benefit

“Over time, Sin-Argentina cooperation with the swap has played an important role in maintaining the economic and financial stability of Argentinawhich has been well received and extremely valued by the Argentine part. In addition, it should be noted that the SWAP renewal has also played an important role in obtaining the relevant financing of the International Monetary Fund (IMF), “they said

On the influence of China in the region, they said: “China’s cooperation with Latin American countries – including Argentina – is a south -south collaboration that always adheres to Principles of equal footing, mutual benefit and shared profits. The objective of delineating a sphere of influence or aiming at third parties, so we exhort the US party to detoxify their mind. “

Finally, the extensive statement concludes: “Instead of dedicating its time and energy to discredit and attack China in a recurring manner, or point to the finger to the countries of region for their cooperations with other countries, or try to impose a new version of the Monroe doctrine. It would be much more productive to make real contributions in favor of the development of the countries of the region. “

What said Scott Besent of the relationship between China and Argentina

The response of the Asian embassy arose after Besent said of the current relationship between the Chinese state and the Argentine. In that sense, he avoided linking The refusal to the credit line with the current swap agreement between Buenos Aires and Beijing.

On this agreement between the two nations, Besent said that he believes that the Asian country acted with “good faith” to renew that mechanismand argued that if Argentina maintains its economic plan, it can eventually generate the necessary currencies to return those funds. Despite an initial wink, then stressed that The United States observes with concern the growing Chinese influence in Latin America, although he clarified that there are no explicit conditioning towards the government of Milei.

What we want to avoid in any case is what happens with the African continent, where China signed agreements disguised as help. Thus they took mineral rights, the balances of those countries loaded with debt. They have toll agreements, which guarantees that future generations are poorer without resources. And we don’t want that to happen with America in Latin America“, held.

Source: Ambito

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