Washington.-Karina Milei plans to participate in the International Exhibition Fair that begins on November 5 in Shanghai.
It will be his first trip abroad as head of the Argentine Foundation for the Promotion of Investments, which until a few months ago was in the orbit of Foreign Minister Diana Mondino. With this trip to the Far East, the Secretary General thus confirms a 180-degree diplomatic turn in Javier Milei’s geopolitical conception, which seeks direct investments and strengthen the Central Bank’s reserves.
“We do not make an agreement with communists. I would not promote relations with communists. Neither with Cuba, nor with Venezuela, nor with North Korea, nor with Nicaragua, nor with China,” said Milei, on October 16, 2023, when asked his opinion about the regime headed by Xi Jinping.
But after a few months in the Casa Rosada, the president began to appease his ideological criticism regarding the need to renew the $5 billion swap, which is key to sustaining the Central Bank’s reserves. It was a choral council of Santiago Bausili, head of the monetary authority, and Luis Caputo, head of the Treasury Palace.
“The Office of the President thanks the People’s Republic of China for the trust placed in the Government’s economic plan,” said a statement from the Presidency of Argentina shared on the X social network.
The swap must be renewed in June 2025, and Argentina must also access direct investments to get out of the crisis and open the financial trap. From this perspective, an unprecedented diplomatic chapter was opened and made public during the United Nations (UN) General Assembly. On that occasion, Mondino met with his Chinese colleague Wang Yi, along with Secretary Milei and Minister Caputo.
The official information about this bilateral meeting was released in a statement from the Argentine Foreign Ministry, but the geopolitical meaning of the conclave was explained by communist diplomacy:
“Minister Mondino also highlighted the common objective of both countries to promote bilateral relations and economic and commercial cooperation, expressing their good will to participate in China-Latin America and the Caribbean cooperation,” said the Chinese Embassy in Argentina through its official account on X.
In this context, Karina Milei will travel to Shanghai to participate in the International Import Exhibition, which begins on November 5. The General Secretary – in charge of the Argentine Foundation for the Promotion of Investments – is the only member of the Government who understands the President’s decision-making.
“We have to be careful with how we handle this relationship,” the US ambassador to China, Nicholas Burns, said yesterday about diplomatic ties between the two countries. “We are systemic rivals, and I think we will be systemic rivals for the next decade, maybe even beyond.”
“China is aiding and abetting the Russian war machine. There is no indication that it will move away from its ‘unlimited’ partnership with Russia. The Chinese like to say that they are neutral – in the war against Ukraine – but the evidence does not confirm this. “Beijing is sending much-needed components to Russia, which the Kremlin depends on for its ongoing war effort,” the US diplomat added.
Chinese components and technologies are so important to Russia that “many people think that the Russian defense industrial base is now stronger than even at the beginning of the war, largely because of the help they receive from China,” Burns concluded.
Xi seeks to transform the region into a proxy for China against the United States, and will have no problem opening his hand to fulfill that strategic objective. In this geopolitical scenario, Argentina has a very important role on the Beijing board.
The communist leader assumes the economic and financial needs of the country and will play with that advantage in his favor. It also aims to turn Argentina into a simple supplier of raw materials such as lithium and copper, and in exchange it will support the country with the swap, the vote in the International Monetary Fund (IMF) and the increase in food exports to the market. Chinese.
In addition to restarting trade talks with China – the RIGI would be made available – Karina Milei will travel to Shanghai to advance a bilateral between the president and Xi. The summit would be during the G20 in Brazil, which Lula da Silva called for mid-November in Rio de Janeiro.
The Secretary General is not expected to also travel to Beijing. That would happen in 2025, with Javier Milei.Infobae.
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2024-10-03 04:42:23
