00:00Now we go to Argentina, where the President of the Central Bank, Santiago Bausili, is set to travel to China
00:05next week amid acute economic pressures at the South American nation.
00:10Bausili will attend the meeting of the Bank for International Settlements and seek crucial negotiations to renew the currency swap
00:18agreements between both nations, being China a vital financial lifeline for Argentina.
00:25The information was released by the financial institution itself, which highlighted the importance of this cooperation mechanism in place since
00:332009 for strengthening the country's reserves and facilitating foreign trade operations.
00:40Currently, Argentina has yet to repay a portion of the funds used while seeking to ensure the continuity of this
00:48strategic tool for economic support with the Asian giant.
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