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.

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.

« Previous PageNext Page »