China and Arab states have deepened their comprehensive strategic partnership

2022-04-25 0 By

The year 2022 marks the 50th anniversary of the establishment of diplomatic ties between China and Argentina, and the pace of bilateral cooperation is accelerating.The joint statement of the People’s Republic of China and the Republic of Argentina on deepening China-Argentina comprehensive strategic partnership was released recently, pointing out that the two heads of state agreed to continuously enhance mutual trust, strengthen exchanges and cooperation and deepen China-Argentina comprehensive strategic partnership under the framework of celebrating the 50th anniversary of the establishment of diplomatic ties.At the invitation of The Chinese side, Argentine President Alberto Fernandez attended the opening ceremony of the Beijing Winter Olympic Games and visited China from February 4 to 6, the statement said.During the visit, the two heads of state held warm, friendly and fruitful meetings and exchanged views on bilateral relations and issues of common interest.According to the statement, the two heads of state declared the opening of the year of China-Arab Friendship and Cooperation 2022 to celebrate the 50th anniversary of the establishment of diplomatic ties between the two countries.The two sides will hold a series of activities throughout the year to enhance mutual understanding and friendship between the two peoples and deepen exchanges and cooperation at the sub-national level.”Since the establishment of diplomatic ties between China and Arab States, economic and trade cooperation has been increasingly deepened and bilateral trade volume has kept growing.”Jiang Shixue, distinguished professor at Shanghai University and director of the Center for Latin American Studies, told China Trade News that Argentina is now China’s fifth largest trading partner in Latin America and China is Argentina’s second largest in the world.According to Chinese Customs statistics, bilateral trade volume between China and Arab countries in 2020 was US $13.892 billion.In the first half of 2021, bilateral trade reached us $6.936 billion, up 23.2% year on year, of which, China exported US $4.638 billion to Afghanistan and imported US $2.297 billion from Afghanistan.China mainly exports machinery and equipment, electrical and electronic products, computer and communication equipment, motorcycles, textiles and clothing, and imports soybeans, crude oil, leather and other commodities.In addition, Jiang shixue said that China and Arab countries have signed cooperation agreements in science and technology, culture, education, news and other fields, and the cooperation in relevant fields has been continuously enhanced.Since China and Arab countries signed the currency swap agreement in 2009, it has been renewed several times.The two countries have continuously enhanced financial cooperation through currency swap agreements, and Chinese investment and financing projects in Afghanistan cover infrastructure construction such as transportation, nuclear energy, hydropower, photovoltaic and wind energy, natural gas and oil, renewable energy and telecommunications.”Since the outbreak of COVID-19, our two countries have worked together to overcome difficulties, and our bilateral relations have been further consolidated and enhanced.”In the medical field, the health departments of the two countries have conducted several video conferences to exchange experience and share COVID-19 diagnosis and treatment methods, said Marco Wei, a professor at Argentina’s National Defense University and special consultant to the Argentine Ministry of Defense.In terms of people-to-people and cultural exchanges, nearly 100 Chinese universities have opened Spanish courses, and there is a fever of learning Chinese in Argentina. Multilingual talents are playing an increasingly important role in enhancing people-to-people and cultural exchanges between the two countries.The reason for the connection between the two countries lies in the amity and affinity between our peoples, so that china-Arab cooperation can achieve simultaneous material and spiritual development.For the reason of the china-arab cooperation has made significant achievements, experts said that one of the important factors in the benefit from the two countries to enhance mutual trust between the government and the people, for many years the china-arab frequent interaction between the top leaders of the two countries, both sides are staunch supporters of the multilateralism, in the United Nations, the world health organization, the wto and other multilateral framework,China has maintained close communication on international cooperation against COVID-19 and global governance reform.In addition, China’s rapid development and diversification of domestic consumption, as well as the continuous expansion of economic complementarity between China and Arab countries, are the driving forces for the fruitful cooperation between the two countries and the continuous upgrading of bilateral relations.Strengthen institutional cooperation future prospect according to the statement, the two countries during the visit, the two sides signed the “government of the People’s Republic of China and the government of the republic of Argentina on a common silk road economic zone and the construction of the maritime silk road in the 21st century a memorandum of understanding, make joint is conducive to the sustainable development and comprehensive economic cooperation framework,To further promote actions and projects that will deepen, innovate and diversify our economic relations and enhance regional connectivity.According to Gustavo Girardeau, a Member of the China Studies Program at Argentina’s National Institute of Foreign Relations and an expert on China, China’s goals of building a moderately prosperous society in all respects and realizing the Chinese Dream, as well as the Belt and Road Initiative, have closely linked China’s economic and development philosophy with global development.Driven by China’s development, the trade balance of Argentina and other Latin American countries has greatly improved, which has had a very positive impact on the economic development of the region.In recent years, positive progress has been made in major china-Argentina cooperation projects, such as the Belgrano Railway and the Gochari Photovoltaic Power station, which have effectively promoted infrastructure connectivity and clean energy transformation in Argentina, and played a positive role in its economic recovery, especially in ensuring employment and improving people’s livelihood.Gonzalez, a former pile-driver on the Kochari photovoltaic project, said that since construction began, many young people like him have applied for jobs, making a big difference in life.It is reported that the whole project will provide nearly 1,500 local jobs during the construction process, helping to solve the employment problem of more than a dozen surrounding villages.Once the project is complete, workers like Mr. Gonzalez, who helped build the plant, can continue to inspect and replace piles.”Although China and Argentina have not signed a MEMORANDUM of understanding on the Belt and Road Initiative before, they have carried out practical cooperation under the framework of the initiative.”Yue Yunxia, director and researcher of the Institute of Latin American Studies under the Chinese Academy of Social Sciences, said in an interview that the signing of the agreement is significant as it reinforces the institutional cooperation between the two countries under the Belt and Road Initiative.In Jiang shixue’s view, china-Arab cooperation enjoys broad prospects and huge potential in the future.At present, Argentina is facing a serious shortage of funds, a formidable debt problem, and an economy still in the doldrums due to the impact of the epidemic. It urgently needs to attract foreign investment and expand exports. China can meet its needs in these two aspects, and China’s huge consumer market can boost Argentina’s exports.Relevant experts said, as the “area” the signing of the memorandum of understanding, not only can Argentina win infrastructure, science and technology, and investment and support, in the field of energy, but also to meet Argentina to increase agriculture, animal husbandry and fishery, and other fields of export demand, enable it to better integrate themselves into the international market, enhance the international competitiveness, promote the local economic and social development and improve people’s livelihood.For China, the signing of the MOU will on the one hand benefit the internationalization of capital, technology, standards and other aspects of practice, on the other hand can also provide new supply options for the Chinese market, so as to stimulate domestic consumption.Source: China Trade News reporter Zhou Dongyang contribution/suggestion: