On December 1, during President Xi Jinping’s state visit to Argentina, Chinese Minister of Commerce Zhong Shan and Argentine Minister of Production and Labor Dante Sica signed the Memorandum of Understanding on E-Commerce Cooperation Between the Ministry of Commerce of the People’s Republic of China and the Ministry of Production and Labour of the Argentina Republic.
According to the memorandum, the two sides will establish the e-commerce cooperation mechanism, strengthen policy communication and coordination, promote the synergy between local governments and enterprises, advance the trade of high-quality featured products through e-commerce, jointly strengthen the cooperation of “Silk Road E-commerce”, and promote the sustained and stable development and the common prosperity of bilateral trade.
In the past 46 years since China and Argentina established diplomatic relations, especially after the two countries announced the establishment of a comprehensive strategic partnership in 2014, economic and trade cooperation has shown an all-round and high-level development trend. At present, China is Argentina's second largest trade partner and an important source of foreign capital, while the economic and trade relations enjoy a good development momentum and the prospect of cooperation under the framework of the “Belt and Road” is broad. While deepening cooperation in the traditional fields, the two countries are actively exploring new ways and new areas for bilateral economic and trade cooperation through e-commerce.
