The current administration's first foreign minister, Felipe Solá, called China one of the country's "strategic partners." The two countries' trading relations are asymmetrical and typical of a traditional relation of dependency: Argentina mostly exports primary goods (foodstuffs, farming produce and minerals), and imports high value-added manufactures or technology.Ĭhina is our second trading partner after Brazil, while the total value of bilateral exchanges rose from U.S. The value of ongoing or projected investments between 20 has been estimated at $30 billion. Argentina's foreign minister, Santiago Cafiero, signed an agreement in Rome in 2021, citing the Antarctic as a priority zone of Sino-Argentinian cooperation.īroadly speaking, China has duly established itself as a significant actor in Argentina's economy. The straits are of strategic importance in any conflict scenario, as important as the Panama canal, and would allow Chinese military projection toward the Antarctic.
The latter would enable China to back its predatory fishing fleets, and give it greater control over the Strait of Magellan and interoceanic traffic at the tip of the Southern Cone. Recent reports suggest there are plans for another such base to be built in the southern province of Santa Cruz and a naval base in Ushuaia, at the southern tip of Argentina. But the rest is a pious hope for negotiations without any plan for the format or objective. People have focused on the use of the word "sovereignty" in the plan, which could respond to a Ukrainian demand, and on China's warning against using nuclear weapons. First, Beijing did not consult with Kyiv in any meaningful way before announcing its peace plan in fact, Xi has not found the time or the need to call Zelensky in the past year, instead sending head Chinese diplomat Wang Yi to meet with Ukrainian Foreign Minister Dmitry Kuleba.įurthermore, the Chinese plan is sorely lacking substance. This diplomatic activity may give the impression that something is afoot, but it doesn't take a great cynic to see the weakness of the Chinese approach. It's pious hope for negotiations without any plan for the format or objective. Chinese leader Xi Jinping is expected to travel to Moscow soon to meet Putin, for the 41st time since the two came to power. The president is an ally of Moscow, but a pariah in much of the rest of the world. On Monday, Belarusian dictator Alexander Lukashenko arrived in Beijing.
The logic is the same with China's proposed 12-point-plan for peace, which the government presented last week.
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