In the proposal they want to join the regional economies in the framework of the China International Import Expo (CIIE). Three provinces account for 70% of the total exports from Argentina to China but, together, sales to that country represent only 0.38% of imports from the Asian giant, a share that the national government seeks to increase and diversify, explained the executive president of the Argentine Agency for Investments and International Trade (Aaici), Juan Usandivaras.

A few days after the participation of almost 40 local companies in the China International Import Expo (CIIE), which will take place from next Thursday, November 5 in Shanghai, Usandivaras stressed that the event “is a great opportunity, but also a challenge because 150,000 potential Chinese buyers will have to choose between no less than 2,500 exhibitors ”.

The head of the Investment Agency highlighted in dialogue with Télam that only "three provinces of the Pampas account for 70% of the total exported to China", so "the diversification of the export profile will also mean that producers from more regions throughout the territory will add ”to bilateral trade, which in 2019 reached US $ 16,325 million.

“Ten years ago 748 companies exported to China and last year there were 783, it is clear that there is space and need for new players to join, and the Exhibition is a good instrument: it offers new channels to promote trade liberalization, cooperation economic and the opening of the Chinese market ”, he added.

The Foreign Ministry official recalled that in Latin America Argentina is "the fifth largest importer of Chinese products, but at the same time the seventh exporter, so it should at least aspire to equal that position in shipments": Soon, the deficit that resulted from the trade balance last year exceeded $ 2.2 billion.

Since April, however, the Chinese economy has become the country's main partner, displacing Brazil and the United States, and recorded unprecedented surpluses in a few months.


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