Thursday, December 30, 2010

Argentina tried to rescue the soybean trade with China

Argentina's President Cristina Fernandez road road Quito Misner (CristinaFernandezdeKirchner) arrived in Beijing recently, efforts to restore and the value of $ 2 billion of soybean trade.

China's ban on imports from Argentina in April to beginning of soya bean oil, on the ground that Argentina soy cargo in chemical substances exceeding, purchasing eye shifts to United States and other countries.

Fernandez, before arriving in northern Argentina Government repeatedly denied on Chinese goods implemented injustice, but Fernandez Government on China's massive dumping cheap Argentina market goods.

Fernandez facing Argentina domestic commercial bodies impose enormous pressure, business groups asked the Government to resume trade with China.

Argentina is the world's major oil-importing countries, 2009 China has purchased from Argentina 460 million tonnes of soya bean oil, equivalent to Argentina for 70% of total exports.

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