The Spanish defender joined Barcelona from Manchester City two summers ago but has struggled to nail down his place in the starting XI.
He has signed a five-year contract with Barcelona and has only been handed 11 starts by manager Xavi this campaign.
The Gunners are expected to sign a right-sided centre-back in this summer and Eric Garcia has emerged as a possible target.
Arsenal are currently at the top of the Premier League table, eight points ahead of title-holders Manchester City.
William Saliba who is a regular at Arsenal needs to have cover and competition, and Arteta has set his sights on the former Man City defender.
According to sources, Arsenal tried to sign the 22-year-old back in the January window but a move failed to materialise.
Arsenal will definitely try to persuade him this summer as the duo spent two years together at Manchester City between 2017 and 2019.
Garcia has averaged more than one tackle and two clearances per appearance.
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