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The Argentine government announced the use of RMB for settlement of imports from China, and strengthened cooperation between the two countries in clean energy, mining and other fields

The Argentine government announced the use of RMB for settlement of imports from China, and strengthened cooperation between the two countries in clean energy, mining and other fields

2023.05.08

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According to the website of the Chinese Embassy in Argentina on April 27, Zou Xiaoli, the Chinese ambassador to Argentina, was invited to meet with the Argentine Minister of Economy Massa and representatives of the country's business community. Massa said that starting from May this year, Argentina's imports from China will all be settled in RMB instead of US dollars. At the same time, the efficiency of import approval has been improved, and the approval time for imports from China has been shortened from 180 days to 90 days. Zou Xiaoli said that strengthening China-Arab economic and trade cooperation is an important part of the comprehensive strategic partnership between the two countries. China is willing to further strengthen currency swap cooperation with the Arab side under the existing framework, and supports a greater role in RMB settlement in Afghanistan. Leaders from the Argentine Electronic Terminal Manufacturers Association, the Federation of Argentine Entrepreneurs, and executives from large enterprises in the fields of clean energy, mining, and communication technology attended the meeting.

The Argentine government announced the use of RMB for settlement of imports from China, and strengthened cooperation between the two countries in clean energy, mining and other fields
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