Thursday, December 19, 2024
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Argentina is turning its back on BRICS

Argentina is not joining the BRICS bloc of developing countries next year as previously planned, a senior official from President-elect Javier Milei’s  team said.

During the election campaign, Javier Milei, repeatedly said he would support the United States government and Israel if he won. He now rejects cooperation with China, saying he is “not going to do business with any communist.” And as a result, a complete refusal to join the BRICS.

“We will not join the BRICS,” Diana Mondino wrote on X.

The refusal to join BRICS is a precursor to the radical changes in foreign policy that will take place in Argentina after Milieu takes power. But the rejection also shows that Argentina’s new leader is seeking the benefits of cooperation between countries rather than additional diplomatic ties.

BRICS “is more related to a political alignment than to advantages that could exist for trade between countries,” Mondino said in an interview two weeks ago. “We already have diplomatic and trade relations with most of them.”

Argentina would have joined on 1 January 2024, and current president Alberto Fernández has said BRICS would help Argentina enter new markets, but its foreign policy now has a different focus.

The bloc was formed by Brazil, Russia, India and China in 2009 and South Africa was added in 2010.

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