China confirmed its support for the incorporation of Argentina to the Brics group -the group of nations and emerging powers that make up Brazil, Russia, India, China and South Africa- in the framework of a meeting that Foreign Minister Santiago Cafiero held this Thursday in Indonesia with his Chinese counterpart, Wang Yi.
This was reported on Wednesday morning by the Foreign Ministry through a press release, in which it indicated that, at that meeting, Wang Yi formally confirmed his country’s support for Argentina’s membership of the Brics group, in line with what was agreed between the group leaders.
In that framework, the Chinese foreign minister highlighted the participation of President Alberto Fernández in the leaders’ summit meeting on June 24, as well as that of Cafiero himself at the meeting of foreign ministers on May 19.
Shortly after, the foreign minister himself announced the Asian giant’s support for Argentina’s entry into this bloc of emerging nations with a message posted on his Twitter social network account.
The Chinese foreign minister, Wang Yi, confirmed the accompaniment to the membership of Argentina to the BRICS.
In addition, with the High Representative for Foreign Affairs of the European Union, @JosepBorrellFwe agree on the need to strengthen the CELAC-EU dialogue.#G20Indonesia pic.twitter.com/XpxhUTYvhe
– Santiago Cafiero (@SantiagoCafiero) July 7, 2022
“The Chinese Foreign Minister, Wang Yi, confirmed the accompaniment to the membership of Argentina to the BRICS. In addition, with the High Representative for Foreign Affairs of the European Union, @JosepBorrellF, we agree on the need to promote the Celac-EU dialogue,” he wrote the official in social networks.
“China chairs the BRICS this year, the support and commitment to nominate our country to join is fundamental” assured Cafiero in statements to Télam.
The head of Argentine diplomacy also explained that “the New Development Bank, constituted by the founding members of Brics “has a key role in international financial cooperation, as well as in promoting the agendas of the global South and the structural change that these demand”
And he recalled that “three of the four main trading partners of our country are members of BRICS.”
Meanwhile, Cafiero stressed that Argentina can contribute with its participation in the framework of the Brics “to strengthen and broaden the voice in defense of the interests of the developing world.”
The meeting between Cafiero and Wang Yi took place within the framework of the G20 Foreign Ministers’ meeting taking place in Bali, Indonesia, in which both participate.
China is currently the second trading partner and the second destination for Argentine exports
As explained by Palacio San Martín, both officials They analyzed “the most important issues on the bilateral agenda in order to deepen the Comprehensive Strategic Association that unites both countries.”
Also, agreed to give new impetus to high-level joint workbased on the consensus adopted during the visit that President Alberto Fernández made to China last February, and highlighted the “excellent state of the bilateral relationship”.
During 2022, the “Year of Friendship and Cooperation between Argentina and China” is commemorated, inaugurated by the presidents on the occasion of the 50th anniversary of diplomatic relations that is celebrated this year.
China is currently the second trading partner and the second destination for Argentine exports.
The ministers agreed that “there is great potential for development in financial and investment matters”.
Cafiero stressed the importance of promote “a more balanced and diversified bilateral trade, and stressed the need to speed up the processes of opening the market”.
The Argentine foreign minister also recognized Chinese support for the Argentine position on the Malvinas Question through his interventions as a member of the Special Committee on Decolonization.
They also addressed regional issues, taking into account the role of Argentina in charge of the pro tempore presidency of the Community of Latin American and Caribbean States (Celac), as stated in the Foreign Ministry statement.
