China, Argentina sign agreements on infrastructure, including nuclear power plants

IndustriesAssociated Press

Chinese and Argentine leaders have signed agreements to collaborate on two new nuclear plants, as Beijing is strengthening its relations with the South American country.

On a state visit to China, Argentine President Cristina Fernandez de Kirchner met with Chinese President Xi Jinping on Wednesday.

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The two countries signed 15 agreements covering travel visas, information technology, media, energy, space technology and financing. The financial amounts of the deals were not disclosed.

Kirchner said two new nuclear plants would be built with transfer of technology from China, calling the move a "gateway for the deepening of this strategic relationship."

China also is helping Argentina build infrastructure such as dams and railways. Beijing recently helped Buenos Aires stabilize its peso with a currency swap.