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Caputo attended in China the execution of the OBOR initiative that promotes greater economic cooperation among Asia, Europe and America

The Minister of Finance, Luis Caputo, accompanied President Mauricio Macri in the first working day in China to promote the financing of infrastructure projects.

Luis Caputo participated in the ceremony of the execution of the OBOR “One Belt One Road” Forum’s Guiding Principles Document led by the President of China, Xi Jiping, within the framework of the official tour accompanying President Mauricio Macri in his State visit to the People’s Republic of China.

Argentina is one of the countries invited to sign the OBOR’s guiding principles, a Chinese initiative aimed at promoting the integration and development of Eurasia, by means of the coordination of policies, the development of infrastructure, the increase in trade, investment and financial aid, industrial integration, encouragement of technology transfer and the improvement of economic governance mechanisms.

Within that framework, Minister Caputo together with the Chief of Cabinet, Pablo Quirno, and the Undersecretary of International Financial Relations, Martin Soto, held a meeting with the President of the Inter-American Development Bank (IDB), Luis Alberto Moreno.

Finally, Mr. Minister and his team attended a high-level plenary meeting and later, the opening panel on financial connectivity.

The team’s agenda will continue on Monday with a meeting between President Macri and the President of the World Bank, Jim Kim. In addition, Caputo will accompany Mr. President in different working meetings for the participants of the “One Belt One Road” Forum.