Archive for ‘Argentina’

16/03/2019

Chinese delegation set to revive stalled Argentina nuclear power plant talks

  • Technical team expected to go to Latin American country to discuss project reportedly worth up to US$8 billion
Argentina had hoped to announce an agreement on China-financed construction of Atucha III during a state visit by Chinese President Xi Jinping after November’s G20 summit in Buenos Aires. Image: Handout
Argentina had hoped to announce an agreement on China-financed construction of Atucha III during a state visit by Chinese President Xi Jinping after November’s G20 summit in Buenos Aires. Image: Handout

A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signalling possible progress in a deal that could increase Beijing’s deepening influence in the South American nation.

An Argentinian government source told Reuters this week the “technical team” from China would meet local suppliers about the long-stalled nuclear power plant project, reportedly worth up to US$8 billion.

Argentina had hoped to announce an agreement on China-financed construction of Atucha III, as it has been referred to in the past, during a state visit by Chinese President Xi Jinping after November’s G20 summit in Buenos Aires.

But the deal failed to emerge then, and in January Argentina’s nuclear energy undersecretary, Julian Gadano, and the ambassador to China, Diego Guelar, met officials in Beijing for talks about the project, the government source said.

Argentina seeks new currency swap deal with China as Beijing pursues closer ties in Latin America

A second government source, in the foreign ministry, said talks about the nuclear plant with China were ongoing but added that there had been no “concrete progress” towards signing a deal.

If finalised, the nuclear plant would be one of the biggest projects financed in Argentina by China, which has become a key trading partner for the South American country and its biggest non-institutional lender.

Source: SCMP

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30/12/2018

Xi, Trump have telephone conversation, agree to implement consensus in Argentina meeting

BEIJING, Dec. 30 (Xinhua) — Chinese President Xi Jinping and U.S. President Donald Trump on Saturday held a telephone conversation, expressing their willingness to push for implementation of their agreements reached during the G-20 summit in Argentina.

Trump wished Xi and the Chinese people a happy new year, saying that the U.S.-China relations are very important and closely followed by the whole world.

He said he values the great relations with Xi, adding that he is pleased to see the teams of both countries are working hard to implement the important consensus reached between him and Xi during their meeting in Argentina.

Trump said relevant talks and coordination are producing positive progress. He hopes results will be reached to the benefit of both U.S. and Chinese peoples as well as people of all nations.

Xi, for his part, extended best wishes to Trump and the U.S. people upon the arrival of the new year.

Xi said both he and Trump hope to push for a stable progress of the China-U.S. relations, adding that the bilateral ties are now in a vital stage.

The Chinese president said he and Trump had a very successful meeting early this month and reached important consensus in Argentina.

The teams from both countries have since been actively working to implement such consensus, he said, expressing hopes that both teams can meet each other halfway and reach an agreement beneficial to both countries and the world as early as possible.

Xi said next year marks the 40th anniversary of the establishment of diplomatic ties between the United States and China, adding that China attaches great importance to the development of bilateral relations and appreciates the willingness of the U.S. side to develop cooperative and constructive bilateral relations.

China is willing to work with the United States to summarize the experience of 40 years of the development of China-U.S. relations, and strengthen exchanges and cooperation in fields of economy and trade, military, law enforcement, anti-drug operations, local issues and culture, Xi said.

Xi added that China is also willing to work with the United States to maintain communication and coordination on major international and regional issues, respect each other’s important interests, promote China-U.S. relations based on coordination, cooperation and stability, and let the development of bilateral relations better benefit the two peoples and people around the world.

The two heads of state also exchanged views on international and regional issues of common concern such as the situation on the Korean Peninsula. Xi reiterated that China encourages and supports further talks between the United States and the Democratic People’s Republic of Korea, and hopes for positive results.

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