Author: Fundación Andrés Bello

Argentine SMEs can access a training program to enter the Chinese market

In collaboration with the Argentine-Chinese Chamber of Production, Industry, and Commerce (CATPIC), the Argentine Government has introduced a mentoring program designed to support small and medium-sized enterprises (SMEs) in their pursuit of business opportunities in the Chinese market.

High-level Cuban delegation visits China and signs cybersecurity agreement

Representatives from China and Cuba have officially signed a cybersecurity agreement in Beijing, affirming the commitment of both governments to promote an Internet environment that fosters the development and well-being of their respective populations.

Venezuela joins China’s Lunar Research Project

The Republic of China has extended an invitation to Venezuela to participate in its International Lunar Research Station (ILRS) project, which is set to be constructed in the early 2030s with Russia’s assistance. This collaborative initiative reflects the shared commitment of both countries to international cooperation in the realm of deep space exploration.

After breaking diplomatic relations with Honduras, Taiwan’s president visits Guatemala and Belize 

Following the termination of diplomatic relations with Honduras, Taiwanese President Tsai Ing-wen embarked on a visit to Guatemala and Belize last week, aiming to strengthen ties with her regional allies. Tsai’s tour, which attracted controversy due to two stopovers in the United States, sought to bolster relationships in the region. In Guatemala, Tsai held a meeting with Guatemalan President Alejandro Giammattei, during which both leaders delivered a joint message reaffirming their close bonds.

Uruguayan foreign minister meets with Chinese authorities to promote trade agreement

Uruguay’s Foreign Minister, Francisco Bustillo, is scheduled to travel to China next week for a series of meetings with Chinese authorities aimed at initiating negotiations for a Free Trade Agreement (FTA). Bustillo will hold discussions with Chinese Foreign Minister Qin Gang and Wang Shouwen, the Vice Minister of Commerce and Deputy Representative for International Trade Negotiations of China.

China’s dominance in world steel production puts pressure on Latin America’s steel sector

According to studies conducted by the Latin American Steel Association (Alacero), the steel sector in the region is expected to experience a gradual recovery in 2023. However, several factors contribute to the sluggishness, including uncertainties surrounding international trade and domestic policies implemented by China to revive its steel production for industrial recovery.

Government of Panama and Chinese consortium agree to restart construction of the Fourth Bridge over the Panama Canal

The Government of Panama has signed an addendum with a Chinese consortium to resume the construction of the Fourth Bridge over the Interoceanic Canal, a significant infrastructure project with a budget of $1.518 billion. The Panama Fourth Bridge Consortium (CPCP), comprising China Communications Construction Company LTD and China Harbour Engineering Company LTD, was initially awarded the project in 2018. However, financing difficulties and design changes led to a suspension of the work in 2020.

Enel Peru is acquired by state-owned China Southern Power Grid

Enel, the Italian electricity company, has reached an agreement to sell all the shares it holds in Enel Distribución Perú, which represents 83.15% of its share capital, as well as all the shares of Enel X Perú, accounting for 100% of its share capital, to China Southern Power Grid International.

Chinese, Russian, and U.S. companies join lithium extraction in Bolivia

Yacimientos de Litio Bolivianos (YLB) President, Carlos Ramos, announced that four Chinese companies, namely Citic Guoan, Tbea Group, CATL BRUNP & CMOC (CBC), and Fusion Enertech, have successfully conducted tests of their Direct Lithium Lithiation Extraction (DLE) technology in Bolivia’s Potosí and Oruro salt flats. These companies participated in YLB’s international tender for EDL technology selection, and so far, CBC is the only one that has signed an agreement with the Bolivian government.

Chinese billionaire Jack Ma considers investing in Uruguay’s meat sector

The founder of Alibaba, Jack Ma, made a three-day private visit to the Solís Meatpacking Plant in Lavalleja, Uruguay, according to business sources confirmed by El Observador. Although he did not engage with national authorities, a commercial secretary from the Chinese embassy in Uruguay reportedly accompanied the billionaire.
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