Tag: Commerce

Argentina wants to join BRICS with support from China and Brazil

The BRICS group of emerging economies held its annual summit the week beginning June 20. The Argentine government was a special guest at the meeting and once again expressed its interest in participating in the group.

Fundación Andrés Bello

Slowdown in Chinese demand affects Argentine meat exports

Argentina suffered a 7% drop in the volume of its beef exports in the first four months of this year, largely due to a slowdown in demand from the PRC, its main buyer.
Fundación Andrés Bello

Valuable cooperation between the People’s Republic of China and Brazil

The 6th meeting of the Sino-Brazilian High Level Commission for Dialogue and Cooperation (COSBAN) was held on May 23, 2022. A large number of ministries and government agencies attended.

Fundación Andrés Bello

China, the main market for Uruguayan beef in 2022

According to the database of the National Meat Institute (INAC), it was reported that China continues to be the main market for Uruguayan meat exports, maintaining its position of recent years.
Fundación Andrés Bello

Brazil is the largest exporter of grains to the People’s Republic of China

With 63.9 million metric tons exported, Brazil became the largest grain supplier to the People’s Republic of China (PRC).

Fundación Andrés Bello

Trinidad and Tobago to increase exports to China

During a tour of the Angostura Limited and Trinidad and Tobago Cacao Fino manufacturing facilities, Paula Goppe-Scoon, Minister of Trade and Industry, said that Trinidad and Tobago is actively seeking to increase its exports to China.

Fundación Andrés Bello

Chile continues to be the world’s leading cherry producer

Chile continues to be the world’s leading cherry producer, driven by Chinese consumption. The president of the Chilean Federation of Fruit Producers (Fedefruta), Jorge Valenzuela, highlighted the following: “We continue to be number one…”
Fundación Andrés Bello

Justo & Bueno in Colombia will close stores after not receiving resources from Chinese firm to pay off debts

The discount and low-cost chain Justo & Bueno was awaiting a financial injection from the Chinese firm JF Capital. However, on the evening of May 10, the Justo & Bueno chain informed that it regretted that the new owners had not been able to meet the agreed deadlines.
Fundación Andrés Bello

Costa Rica and China negotiate settlement

As part of the Authorized Economic Operator (AEO) program, Costa Rican and PRC customs authorities met online in April 2022 to continue negotiations for the signing of a Mutual Recognition Arrangement (MRA) between the customs of both countries.
Fundación Andrés Bello

Ecuador seeks to break out of the labyrinth of oil pre-sales with China

Ecuador is still struggling to divest itself of oil pre-sales. Although there are contracts with the oil creditor companies, the Ecuadorian government is looking for a way to change the situation to its advantage. The business meant a loss of almost US$5,000 million for the country.

Fundación Andrés Bello
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