The Argentine government goes for more Chinese credit for infrastructure works

With Argentina’s access to foreign credit restrictions, the Government is determined to advance in adhering to the Belt and Road Initiative, the plan with which China seeks to spread its influence on all continents and secure a dominant position. on the world economic stage for decades to come.

Foreign Minister Santiago Cafiero confirmed this week that the Government “has a long-term commitment to advance” in the infrastructure project for which China has substantial funds to guarantee infrastructure and technology in countries that it considers reliable partners to provide long-term food and energy that your economy needs.

According to the Minister of Foreign Affairs, Argentina is “doing the necessary studies to adapt this agreement to the needs and structure that Argentina has,” and also to see what new financing possibilities are offered and how they are complemented by 16 prioritized projects that have with soft credit.

“Argentina celebrates this year half a century since the establishment of diplomatic relations with China, and we want to strengthen this link,” said the head of the foreign service in a meeting with journalists organized by the Argentine Council for International Relations (CARI).

In January 2021, the president of the Asian giant, Xi Jinping, informed Alberto Fernández, through an exchange of letters, that his country was willing to face “a closer association and willing to fund mutually beneficial initiatives.” and he was in favor of “working with Argentina to promote high-quality cooperation.”

Delayed by the pandemic, Fernández could sign the Argentine incorporation to the Belt and Road Initiative in case of responding affirmatively to the invitation made to participate in person in the Winter Olympic Games to be held in Beijing next February. , and that have been the subject of controversy over the US decision not to send government authorities to the contest, as a form of protest against the alleged violation of human rights in the Muslim region of Xinjiang.

Argentina ratified its “strong support” for the Winter Olympic Games to be held in the city of Beijing and its surroundings next February, after the United States, United Kingdom, Canada and Australia announced a boycott of the event, which China described as a “farce”.

What is particular about the Anglo-Saxon diplomatic boycott is that it consists in that they will not send official representatives, but their athletes will compete in the Games.