Category: Argentina 🇦🇷

News From Argentina

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.

Fundación Andrés Bello

A Chinese company will invest US$120 million in lithium production in Jujuy, Argentina

The Chinese company Tsingshan Mining Development S.A. will invest US$120 million to install a hydrogen chloride and sodium hydroxide manufacturing plant in Jujuy, Argentina, to produce lithium carbonate. Construction work is expected to last 18 months and employ more than 1,000 people for the construction period, and some two thousand skilled workers during its operational stage. Tsingshan Holding Group Co., Ltd. operates in the Mining and Metals sector, mainly in the stainless-steel industry.
Fundación Andrés Bello

Huawei in Argentina sanctioned by customs due to undeclared import of software

Huawei’s Argentine subsidiary is being fined by the Argentine Customs for not declaring the import of software, which resulted in unpaid taxes amounting to US$ 28 million and a fine of US$ 2 million. Argentine Customs argued that the Chinese company could not have imported equipment without purchasing the software and without paying the license fees to the parent company in China.

Fundación Andrés Bello

Economic and technological ties between China and Argentina: a review of their “strategic cooperation”

A U.S. non-governmental organization has published a report on the cooperation between Argentina and China in aerospace development. The report, entitled “The Chinese Communist Party in Argentina: The International Engagement of China’s Space Industry,” explains the hierarchical responsibility that the Communist Party and the People’s Liberation Army have in defining China’s internal economic rules and global strategic plans in projects such as those in Neuquén and San Juan.
Fundación Andrés Bello

Competition between provinces to host a Chinese electric vehicle plant

The company has announced that it will produce 20 vehicle models, including electric (BEV), hybrid (HEV), and internal combustion (IEC). It also stated that Argentina will be the production center for electric cars in the region, with a two-stage investment over a 7-year period.
Fundación Andrés Bello

China lifted suspensions on Argentine fishing establishments

The lifting of the suspension, which in turn releases Argentina from the obligation to provide biweekly reports on the status of Covid-19 cases in authorized fishing establishments, is effective as of February 14, 2023.
Fundación Andrés Bello

Train modernization project

The Argentine ambassador to China, met with Chinese businessmen to make progress on urban train modernization projects in Argentina.
Fundación Andrés Bello

Argentina at the V Sino-Latin American Defense Forum

Argentina’s Minister of Defense, Jorge Taiana, attended The V Sino-Latin American Defense Forum, stating that the meeting is a necessary multilateral stage in which to address the current global scenario.
Fundación Andrés Bello

Argentina at the 10th China Science and Technology City International High-Tech Expo

The 10th China Science and Technology City International High-Tech Expo took place from November 16 to 19 in the city of Mianyang, Sichuan province. Argentina was the guest of honor.
Fundación Andrés Bello

Foreign exchange trading facilities between Argentina and the People’s Republic of China

The President of China, Xi Jinping, met with Argentine President, Alberto Fernández, on November 15, on the occasion of the G20 summit in Bali. The leaders agreed to extend a foreign exchange agreement for US$ 5 billion.
Fundación Andrés Bello
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