For more news and videos visit ☛ http://english.ntdtv.com
Follow us on Twitter ☛ http://twitter.com/NTDTelevision
Add us on Facebook ☛ http://facebook.com/NTDTelevision
Argentine foreign minister Hector Timerman hopes to seek a better balance in trade with the Chinese regime. The aim—to boost Chinese imports of Argentine manufactured and industrial products.
Timerman arrived in Beijing for a two-day official visit last Thursday with a 40-member trade delegation.
He met with his counterpart, Yang Jiechi, and also the Chinese Communist Party's vice president, Xi Jinping.
[Hector Timerman, Argentine Foreign Minister]:
"We reached an agreement on the need for a more balanced commercial relationship on both sides and these commercial ties should include manufactured products."
Currently, 85 percent of trade between China and Argentina is agricultural products.
China imports about $2 billion worth of soy oil—Argentina's second largest export market.
Trade between the two countries improved by 65 percent last year to $13 billion—Argentina with a deficit of $1.8 billion.