Electromobility Among Key Points at Argentina-Japan Bilateral Meeting

Argentina has drawn up a road map to promote electromobility, which includes a set of objectives among which are benefits in the trade balance to position itself as a supplier of electric vehicles for the region and the world, reduce health expenses due to respiratory diseases and improve quality of life by reducing noise pollution in urban areas.

The country also has among its lines of action to contribute to decarbonization, diversifying the energy matrix through the use of electric energy.

It also seeks to promote energy efficiency strategies to reduce the use of fossil fuels and energy in the various mobility, transportation and logistics activities.

In the midst of this scenario, officials of the Foreign Ministry and the Ministry of Economy met with representatives of Japan and businessmen of that country to discuss proposals, future plans and the possibility of developing new areas of bilateral trade within the framework of energy transition, such as hydrogen and electromobility.

The meeting took place within the framework of the Seventh Dialogue for Trade and Investment Relations between Argentina and Japan, a bilateral mechanism in which Japanese companies with investments in Argentina transmit proposals and concerns.

Related content: Argentina Productive 2030 Plan Launched to Promote Electric Mobility

Electromobility and Agreements

Trade in goods between Argentina and Japan reached US$1,996 million during 2022, according to official figures issued by the authorities of the South American country.

Argentine exports are concentrated in electrical material and organic chemical products in cereals, inorganic chemical products, machinery, among others.

The meeting was headed by the Secretary of International Economic Relations, Cecilia Todesca Bocco, and the Secretary of Commerce, Matías Raúl Tombolini, on the Argentine side; and the Japanese Ambassador, Yamauchi Hiroshi, and the President of the Japanese Chamber of Commerce and Industry, Minoru Tomita, on the Japanese side.

Executives from Japanese companies with investments in Argentina also participated: Takeda, NEC, Yamaha, Bridgestone, Brother International Corporation, Fujitec, Itochu Derivados Vínicos, Marubeni, Mitsubishi, Toyota and Sumitomo.

Representatives from the Japan International Cooperation Agency (JICA), the Japan External Trade Organization (Jetro) and the Japan Bank for International Cooperation (JBIC) attended the event.

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