Agreement with China: Argentina obtains financing for strategic infrastructure works and joins the band and the silk Road initiative
Date of Publication
1-1-2023 12:00 AM
Security Theme
Strategic Competition
Keywords
Chinese Activities, Argentina, Cooperation, Infrastructure, Funding, Belt and Road Initiative (BRI), Strategic Dialogue (DECCE), Ad Hoc Group, Bilateral Trade Boost, Technological Advancements, Green Development, Digital Economy, Nuclear Energy, Agreements
Description
China provides Argentina with funding for infrastructure projects after both countries sign MOU for BRI. $14 billion, was approved under the Strategic Dialogue for Economic Cooperation and Coordination (DECCE) and $9.7 billion was allocated for the Ad Hoc Group. MOU also aims to boost bilateral trade for goods/services and focuses on investments in productive sectors to advance technological capabilities.
Agreement with China: Argentina obtains financing for strategic infrastructure works and joins the band and the silk Road initiative
China provides Argentina with funding for infrastructure projects after both countries sign MOU for BRI. $14 billion, was approved under the Strategic Dialogue for Economic Cooperation and Coordination (DECCE) and $9.7 billion was allocated for the Ad Hoc Group. MOU also aims to boost bilateral trade for goods/services and focuses on investments in productive sectors to advance technological capabilities.
