An article in today’s Global Times accurately emphasized the broader regional significance of Argentina’s joining the Belt and Road Initiative.
“Analysts noted that Argentina will greatly benefit from the BRI in multiple fields such as infrastructure construction, economic recovery from the COVID-19 pandemic and investment, which will have a positive effect on Latin American countries that have yet to join the BRI…. Beyond bilateral cooperation, analysts noted, this is also a tremendous opportunity to further deepen and expand cooperation between China and Latin America, especially as Argentina is holding the rotating presidency of the Community of Latin American and Caribbean States (CELAC) in 2022. `Countries like Brazil, Mexico, and Colombia that have not yet joined the BRI may consider accelerating their pace in taking the opportunity,’ Zhou Zhiwei, an expert on Latin American studies at the Chinese Academy of Social Sciences, told the Global Times.
“More Latin American countries are joining the BRI. Before Argentina, the governments of China and Nicaragua signed a MOU in January to jointly promote the BRI.
