December 7, 2013
CFK meets China's Xi Jinping, signs cooperation agreements
On the margins of the St. Petersburg G20 Summit, President Cristina Fernández de Kirchner met with her Chinese counterpart Xi Jinping. Leaders signed cooperation agreements with CFK affirming the reunion was “more that a bilateral meeting.”
“It has been a very important encounter in which we strengthened cooperation ties between the People’s Republic of China and our country besides signing important agreements,” Fernández de Kirchner said and stressed the Asian Giant renewed its support to Argentina’s sovereignty claims over the Malvinas Islands, the resource-rich archipelago seized by the British in 1833.
In statements to media, the South American head of state also explained that contracts have been recently signed with Chinese companies to build two dams in the Southern province of Santa Cruz. Construction works will be in charge of an Argentine-Chinese trust involving companies Electroingeniería, Gezhouba and Hidrocuyo and will be financed by Beijing's firms.
Argentina’s rail system has also received stimulus from Chinese investment sealing bilateral deals to improve and reactivate the San Martín, Mitre and Belgrano Cargas services. The San Martín project involved a 1.5 billion dollar investment while Mitre’s a 2.6 million dollar injection.
Prior to the signing of the accords, Cristina Fernández de Kirchner pointed out China is Argentina’s “second largest trade partner after Brazil.” “It is extremely important for us the work and ties with China which not only we consider a significant partner buy a friend country,” the President said as leader Xi Jinping praised Argentina’s current economic and social scenarios.
“With you, Argentina has reached economic growth with sustainable development and Argentina’s influence in the world has also been brought out during your administration,” China’s Jinping told Fernández de Kirchner.
Among the agreements reached there is the Memorandum of Understanding that sets a Binational Permanent Committee and a Joint Action Plan for 2013-2017 that involves a long-term cooperation and planning agenda among governments, a project first discussed between Argentina’s CFK and ex Chinese Premier Wen Jiabao.
Cristina Fernández de Kirchner also held meetings with Japan’s Prime Minister Shinzo Abe with whom she discussed Argentina’s sovereign debt agenda and with the newly elected chief of the World Trade Organization (WTO), Brazilian Roberto Azevedo.