China, Argentina sign agriculture deal during VP visit

PUBLISHED : Saturday, 11 May, 2013, 11:29am
UPDATED : Saturday, 11 May, 2013, 11:35am

Argentina and China signed an agreement on agricultural cooperation on Friday in Buenos Aires, following a meeting between the Argentine president and Chinese vice president.

President Cristina Kirchner and Vice President Li Yuanchao met for two hours in the Casa Rosada presidential complex, along with ministers and officials from both countries.

“We take this visit as a clear success to promote the strategic relationship between Argentina and China,” Li said after signing the agreements.

Argentine Vice President Amado Boudou signed the agreement for Buenos Aires.

Li’s visit is the first high-level meeting between the two countries since Xi Jinping became China’s president in March for a 10-year term.

China’s ambassador to Buenos Aires confirmed to reporters the agreement signed Friday was intended to promote the exchange of agricultural products.
The two leaders also agreed to an extradition treaty between the two countries, the diplomat added.

The overall volume of bilateral trade between China and Argentina totaled $14.5 billion in 2012, according to the Chinese embassy.