Chinese Premier Wen wishes to boost Agriculture trade with Argentina

Chinese Premier Wen wishes to boost Agriculture trade with Argentina

Chinese Premier Wen Jiabao recently expressed an interest in expanding direct trade in agricultural and livestock products with Argentina.

Premier Wen was speaking while visiting a farm close to the Argentinian capital of Buenos Aires, he stated that the two countries' agricultural industries are highly complementary as Argentina has rich resources and advanced technologies while China enjoys a huge market potential.

"China is ready to expand direct agricultural trade with Argentina and enhance cooperation in the investment, infrastructure and technology sectors," Wen said while meeting with Argentine agricultural officials and businesspeople.

Statistics showed that agricultural trade between China and Argentina reached $5.5 billion last year; most of the trade volume was agricultural exports from Argentina to China

Argentina is the world's top exporter of flour and soy oil, and 3^rd largest soy bean exporter and second largest corn exporter.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China? 

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