China and Argentina have pledged to strengthen collaboration under the Belt and Road Initiative (BRI), signaling a new phase of partnership during a high-profile meeting between Chinese President Xi Jinping and Argentine President Javier Milei at the G20 summit in Rio de Janeiro. The leaders highlighted their countries' 'traditional friendship' and a decade-long strategic partnership. 🌍🤝
President Xi emphasized the complementary nature of their economies, urging Argentina to leverage China's reform and opening-up policies to expand its market presence. 'From energy and minerals to agriculture and tech, the opportunities are vast,' Xi noted, outlining plans for deeper cooperation in sectors like infrastructure and the digital economy. 🔋💻
This move aligns with BRI's goal of fostering global connectivity, offering Argentina a chance to tap into China's vast resources while diversifying its export markets. Analysts say the partnership could redefine South-South cooperation, blending innovation with sustainable growth. 📈🌱
Reference(s):
China, Argentina to jointly support high-quality development of BRI
cgtn.com