China and Argentina Commit to Boost Belt and Road Initiative at G20 Summit

In a significant move during the G20 Summit in Rio de Janeiro, China and Argentina have pledged to jointly support the high-quality development of the Belt and Road Initiative (BRI). This announcement underscores the strengthening of the comprehensive strategic partnership between the two nations, marking a decade of collaboration.

Chinese President Xi Jinping and Argentine President Javier Milei highlighted the traditional friendship that has grown over the past ten years. President Xi emphasized the complementary nature of their economic and trade structures, expressing optimism about Argentina leveraging the opportunities presented by China's ongoing reform and opening up policies to expand its market share.

Looking ahead, both leaders outlined plans to deepen cooperation in key sectors including energy, mineral infrastructure, agriculture, science and technology, and the digital economy. By enhancing collaboration in these areas, China and Argentina aim to foster sustainable growth and innovation, benefiting both nations and contributing to global development.

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