Inscrutable

11 Sep

After a two-day visit to China to promote trade and investment, Hector Timerman, thanked his hosts and expressed gratitude for China’s permanent support for Argentina’s claim over the Falkland Islands.

Following a meeting with Chinese Vice-President Xi Jinping, Argentina’s Foreign Ministry claimed that Xi Jinping had reaffirmed his country’s long-standing support for Argentina and had noted that both peoples were united by a long friendship.

Trade between the two nations has been increasing in recent years despite Chinese objections to a number of protectionist policies targeting its products. In the face of  Argentina launching 84 trade investigations against chinese products, China has emerged as Argentina’s second largest trading partner after Brazil. Bilateral trade reached $13 billion by the end of last year, with Argentina’s exports to China now amounting to  $5.8 billion, according to the Chinese Ministry of Commerce.

In a spirit of mutual appreciation, Foreign Minister Timerman, reiterated Argentina’s support for China’s stated position on Tibet and Taiwan.

In the same week, China’s Vice Premier Wang Qishan was visiting the United Kingdom and chaired the fourth annual China-UK Economic and Financial Dialogue with Britain’s Chancellor of the Exchequer, George Osborne. Both sides agreed to cooperation in trade and investment. The Chinese Delegation also met with Britain’s Prime Minister, David Cameron.

 

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