China, Argentina negotiate soybean oil export dispute over USD 1.4 billion

Wang Hu, a global network intern reporter, reported July 13 that Argentine President Cristina Kirchner Kirchner said it is expected to reach an agreement with China within days to resolve the oil dispute between the two countries.　　reported that China, the world's largest soybean oil importer, suspended the import of Argentine soybean oil at the end of March this year, as Argentina has adopted anti-dumping measures against some Chinese manufactured goods. In a news report on 11th, Fernandez said he believes the two countries will reach an agreement in the coming days. "There will be a ministerial meeting that will definitely find a solution," she said. May take one day, two days or three days, "the report said, although Fernandez's visit to China is expected to sign a 10 billion-dollar trade agreement, but if the oil deal could not be reached, the results of other visits will appear colorless. China's freeze on Argentina's soybean oil exports threatens Argentina's income.　　Last year, the country exported 1.84 million tonnes of soybean oil to China, trading at $1.4 billion trillion, accounting for 77% of China's oil imports.　　Earlier 11th, Fernandez also called on China to improve trade between the two countries, saying that Argentina needed to sell more manufactured goods and commodities to ensure employment and economic growth. In addition, after being awarded the "Honorary Doctor" degree by China's business and economics, Ms Fernández said: "I think there is much room for development and improvement in China's cooperation with Argentina." ”