China and Argentina have signed a cooperation plan to jointly promote the construction of the Belt and Road Initiative (BRI). The plan was signed by representatives of the two governments in Beijing on June 3, 2023.
The plan aims to fully implement the consensus reached by the leaders of China and Argentina on promoting the high-quality development of the BRI. It will deepen collaboration between the two countries in areas such as infrastructure, energy, economy and trade, finance, and culture.
The signing of the cooperation plan is a significant milestone in the relationship between China and Argentina. It demonstrates the commitment of the two countries to working together to build a more prosperous and interconnected world.
Here are some specific details about the areas of collaboration under the cooperation plan:
- Infrastructure: The two countries will cooperate on projects such as roads, railways, ports, and airports.
- Energy: The two countries will cooperate on projects such as oil and gas exploration and production, and renewable energy development.
- Economy and trade: The two countries will expand their trade and investment relationship, and work together to promote economic growth.
- Finance: The two countries will cooperate on financial issues such as currency swap agreements, and investment promotion.
- Culture: The two countries will cooperate on cultural exchanges, such as student exchanges, and cultural tourism.
The cooperation plan is expected to boost economic growth and development in both China and Argentina. It will also help to promote regional cooperation and connectivity.