China and South Korea are seeking to establish free trade agreements with Mercosur in a strategic response to Washington's increasingly protectionist stance. The East Asian initiatives have resonated well in a region where Washington is keeping its distance. U.S. President Donald Trump has not visited a single Latin American country since taking office in January 2017, and chose not to attend the Summit of the Americas, which recently concluded in Peru.
Foreign Minister Malcorra Susana said on Wednesday that Argentina has applied to join the China-led Asian Infrastructure Investment Bank (AIIB) and is willing to be actively involved in the Belt and Road Initiative.
Argentine president Mauricio Macri announced in China that besides boosting and balancing bilateral trade and confirming the infrastructure and energy deals reached by his predecessor, Chinese tourists will no longer need visas to visit Argentina.
Argentina's foreign minister Susana Malcorra held another round of talks with high level Chinese officers in Beijing, as part of her official visit to China to promote trade, investment and the special strategic relation between the two countries. But also cut short her visit to other countries to be back in Buenos Aires next Monday in time to meet with her new Brazilian peer, Jose Serra to address the bilateral agenda and Mercosur among other issues.
Argentine President Cristina Fernandez will be travelling to Beijing next month, reciprocating a visit from her Chinese counterpart Xi Jinping last July, it was officially announced by chief of staff Jorge Capitanich. The meeting was anticipated last Friday in a meeting of the two countries foreign ministers on the sidelines of the CELAC/China ministerial forum held last week in Beijing.
The summit of G77 leaders plus China wrapped up Sunday with a call for an end to poverty by 2030, after a demand by Bolivia's President Evo Morales to eliminate the UN Security Council. It also marked the presence of Beijing which has become the leading trade partner of many Latam countries.
The relationship between China and Brazil has extensive significance due to their position as two primary emerging market countries and economies, visiting Chinese Foreign Minister Wang Yi said here in Brasilia.
Argentine President Cristina Fernández received on Wednesday China’s Foreign Ministry Wang Yi and signed several trade agreements, including aerospace infrastructure at the Government House, Buenos Aires City. During the meeting, the president was accompanied by Cabinet Chief Jorge Capitanich, Economy Minister Axel Kicillof, Federal Planning Minister Carlos Julio De Vido and Foreign Minister Héctor Timerman, with whom Wang Yi had a previous meeting.
China's foreign minister urged restraint in the growing tensions over Syria, saying any military intervention in the crisis would only worsen turmoil in the Middle East. China all along has tried to maintain a neutral position on the issue, not accompanying the West’s intentions of imposing sanctions to Syria but calling on Damascus to begin talking with the rebels.
China has raised concerns about European Union plans to negotiate an ambitious free trade deal with the United States, fearing it is a protectionist move and at the same time Beijing new administration is doubling efforts towards Latinamerica and Africa.