Author: Fundación Andrés Bello

Daniel Ortega promotes the presence of China and Russia in Central America: Geopolitical shifts in the region

Nicaraguan President Daniel Ortega has proposed the inclusion of China and Russia as observers in the Central American Integration System (SICA) and the expulsion of Taiwan from the regional organization. During a meeting with the China International Development Cooperation Agency, Ortega emphasized that the majority of countries in the region have already recognized the government of the People’s Republic of China.

López Obrador highlights the trafficking of fentanyl originating from China

In response to the accusations made by the United States against China for being a supplier of fentanyl, the Chinese Ambassador to Mexico, Zhang Run, stated before Mexican senators that “no problems related to fentanyl smuggling have ever been detected between the countries.”

China is advancing in negotiations to sell fighter planes to Argentina

The Argentine Minister of Defense, Jorge Taina, has recognized the issue of obsolescence in the country’s military equipment, downplaying President Alberto Fernández’s statement regarding the need for external financing for new acquisitions.

Gezhouba will disburse 500 million dollars for the construction of two dams in Argentina

In a meeting in Buenos Aires with Argentine Minister of Economy Sergio Massa, representatives from China Gezhouba Group Corporation (CGGC) announced that, before the end of June 30th, the company will disburse $500 million to finance the construction of two hydroelectric dams in the province of Santa Cruz, Argentina.

Costa Rica and China strengthen trade ties with an agreement

Costa Rica and China have signed an agreement of mutual recognition as trusted trade partners under the Authorized Economic Operator (AEO) program. This agreement is intended to strengthen the trade relationship between the two countries by providing importers and exporters with certifications that grant them benefits at customs.

Argentina replaces the dollar with the yuan as the currency for exchange with China

The Minister of Economy of Argentina, Sergio Massa, and the Chinese Ambassador to the country, Zou Xiaoli, announced that imports of intermediate goods from China will be paid in yuan through the “swap” agreement between the two countries.

China strengthens its influence in Latin America through the energy sector

China is increasing its influence in the energy sector in Latin America, with Chile, Brazil, and Peru being the countries where its presence is concentrated in the power distribution market. According to data from Boston University, since 2000, Chinese development banks have financed nearly $10 billion in power generation and distribution projects in the region.

Mexico increases the export of medical devices to China

Mexico ranked as the second largest external supplier of medical instruments and devices to China in 2022, recording $2.037 billion, a year-on-year increase of 7%, according to data from the General Administration of Customs of China. As a result, Mexico displaced Germany to the third position ($1.731 billion) and is only surpassed by the United States ($3.253 billion).

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.

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