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FUENTES, Argentina, May 14 (Xinhua) -- Argentina, one of the world's leading agricultural producers, seeks to integrate its agricultural machinery manufacturing industry into the global value chains with China's help.
The Giorgi plant is one of such manufacturers. Founded in 1958 by brothers Santos and Quinto Giorgi in the town of Fuentes in the province of Santa Fe, the plant began as a small machine repair shop and grew to become one of the country's top manufacturers of seeding machines.
During the past two decades, soy cultivation has become a pillar of the economy in central Argentina, with which the agricultural machinery industry grew along, said Osvaldo Giorgi, who seized the trend to grow the family business.
The company today produces some 4,000 seeders a year, mostly for national farms, while in the past it had been mainly exporting to neighboring countries, such as Bolivia and Uruguay, and also countries as far away as Ukraine and Russia, said Giorgi.
In recent years, however, the U.S. dollar-peso exchange rate, compounded by restrictions on the dollar, made export difficult. But Giorgi said they haven't lost hope because they can develop their business through possible ventures with Chinese companies.
"It would be interesting to be able to have a complementarity or transfer of knowledge agreement with China that would be mutually useful," he said.