Argentina’s formal request to join BRICS

Argentine President Alberto Fernandez recently presented his Chinese counterpart Xi Jinping with a formal request to join the BRICS group, as announced by Sabino Vaca Narvaja, Argentina’s ambassador to China.

China’s presence in South American seas

the hegemonic presence of the United States (US) in South America is diminishing, especially in relation to its presence in the region’s oceans. This is due to China’s increased presence in the different South American trade routes and the infrastructure works it is involved in.

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The ongoing investigation by the Ecuadorian authorities has led to the raid of the offices of Coca Codo Sinclair, a hydroelectric plant built in Ecuador. The construction of this plant involved Sinohydro, a Chinese state-owned company.

Meeting between the Argentinean and Chinese Ministers of Economy

The Argentine Minister of Economy, Sergio Massa, received the Ambassador of the People’s Republic of China, Zou Xiaoli, to discuss “issues related to the bilateral trade agenda”

Former Minister Batakis signs agreement to finance dams in Santa Cruz province

Silvina Batakis, former Argentina’s Minister of Economy, signed a document in the province of Santa Cruz that reactivated the financing of two dams: Néstor Kirchner and Carlos Cepernic.

Swap: Foreign exchange swaps between Argentina and the People’s Republic of China

Argentine President Alberto Fernandez confirmed that the government of the People’s Republic of China agreed to extend the currency swap with Argentina to strengthen the reserves of the Central Bank of Argentina (BCRA).

Uruguayan Senator requests report on China-Uruguay FTA feasibility study

On August 24, Uruguayan Foreign Minister Francisco Bustillo announced that, at the request of Chinese officials, the feasibility report for the FTA between China and Uruguay will be confidential.

The U.S.-China trade war and its impact on Peru

According to Daniel Velandia, chief economist of Credicorp Capital, the existing tension between the two countries has hindered Peru’s inflationary reduction, and increased the uncertainty regarding a global economic recession.

Peru subscribes to APEC environmental commitments

Working in conjunction with the Asia-Pacific Economic Cooperation (APEC) forum, Peru’s performance in the area of sustainable development has been strong. This was evinced by Peru’s reiteration, in the most recent APEC forum, to establish and implement sustainable food systems and food security for its citizens.

Economic ties between Ecuador and China

China is now Ecuador’s largest trading partner. This year, Ecuador’s exports of non-oil or mining products to the People’s Republic of China (PRC) increased by 81%.

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