No BRICS For Argentina, Says Top Aide To Presidential Winner Milei
- ‘We do not understand the interest’ in the bloc of leading emerging markets including China, despite membership being poised to start from January
- But new government unlikely to disrupt ties between Buenos Aires and Beijing given major financial deals already agreed upon, analysts say
Argentina is no longer joining Brics following the victory of self-proclaimed anarcho-capitalist Javier Milei in the country’s presidential election on Sunday, a top aide said on Monday.
Diana Mondino, Milei’s principal adviser on foreign affairs, said Argentina would not proceed with plans to join the association of leading emerging markets comprising Brazil, Russia, India, China and South Africa.
“We do not understand the interest” in the bloc, Mondino told Russian news agency Sputnik News. “We do not understand … what Argentina gets out of it at this moment. If later it turns out that there is an advantage, of course, we will analyse it.”
🔗Source: SCMP
Related Reading: 9/13 — Argentina’s Presidential Candidate Is Already Setting Things in Motion to Dollarize the Economy by Rebuilding Reserves
8/22 — BRICS Summit Day 1 Highlights
"2. Argentina Was Favored by Brazil, ‘Main Hold Out’ For BRICS Expansion, Now in question Due to Javier Milei
Milei’s victory in the presidential primaries for Argentina has raised questions. SCMP reported:
…The results of Argentina’s presidential primaries... may have jeopardised the nation’s candidacy and renewed a sense of caution about admitting new members to BRICS.
8/22 — At BRICS Summit, Argentina’s Bid for Membership Is up for Discussion and Subject to Debate
7/26/23 — The End of The PetroDollar, The Rise of BRICS is Here
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