Video: Argentine FM Seeks Better Balance in Trade with Chinese Regime part of China Favors Increased Cooperation With UN.

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Beijing : China | 10 months ago
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Argentine FM Seeks Better Balance in Trade with Chinese Regime

For more news and videos visit ☛ english.ntdtv.com Follow us on Twitter ☛ http Add us on Facebook ☛ facebook.com Argentine foreign minister Hector Timerman hopes to seek a better balance in trade with the Chinese regime. The aim—to boost Chinese imports of Argentine manufactured and industrial products. Timerman arrived in Beijing for a two-day official visit last Thursday with a 40-member trade delegation. He met with his counterpart, Yang Jiechi, and also the Chinese Communist Party's vice president, Xi Jinping. [Hector Timerman, Argentine Foreign Minister]: "We reached an agreement on the need for a more balanced commercial relationship on both sides and these commercial ties should include manufactured products." Currently, 85 percent of trade between China and Argentina is agricultural products. China imports about $2 billion worth of soy oil—Argentina's second largest export market. Trade between the two countries improved by 65 percent last year to $13 billion—Argentina with a deficit of $1.8 billion.
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