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Argentina Pulls Out of BRICS While Iran, Russia Abandon U.S. Dollar
The New American
January 2, 2024
Argentina has formally declined an invitation to become a member of the BRICS group of nations, as per various news media outlets on Friday, December 29, quoting an official letter they have seen which was distributed to the leaders of Russia, China, India, Brazil, and South Africa. While new Argentinian President Javier Milei had hitherto opposed joining the alliance before being elected, the latest move signified a complete U-turn from the stance of his predecessor, Alberto Fernandez.
Fernandez had welcomed the invitation to join BRICS in August, maintaining that such a move would give the Latin American nation a “new scenario” for its development. Milei, who won the presidency in November, declared at that time that he would not “push for deals with communists because they don’t respect the basic parameters of free trade, freedom, and democracy.”
The media published one of Buenos Aires’ letters on Friday that was apparently addressed to Brazilian President Luiz Inácio “Lula” da Silva. The letter said that the policy of the new Argentinian government would “differ in many cases from that of the previous government” and that some of its decisions, including “active participation in BRICS,” would be “reviewed.” None of the BRICS nations has officially verified receiving the letter so far.
Argentina’s foreign minister Diana Mondino, who was Milei’s senior economic advisor, also said that her government did not “see any advantage” in becoming a member of the group and would thus “not join BRICS.”
...
Full Article:
https://thenewamerican.com/world-ne...f-brics-while-iran-russia-abandon-u-s-dollar/
The New American
January 2, 2024
Argentina has formally declined an invitation to become a member of the BRICS group of nations, as per various news media outlets on Friday, December 29, quoting an official letter they have seen which was distributed to the leaders of Russia, China, India, Brazil, and South Africa. While new Argentinian President Javier Milei had hitherto opposed joining the alliance before being elected, the latest move signified a complete U-turn from the stance of his predecessor, Alberto Fernandez.
Fernandez had welcomed the invitation to join BRICS in August, maintaining that such a move would give the Latin American nation a “new scenario” for its development. Milei, who won the presidency in November, declared at that time that he would not “push for deals with communists because they don’t respect the basic parameters of free trade, freedom, and democracy.”
The media published one of Buenos Aires’ letters on Friday that was apparently addressed to Brazilian President Luiz Inácio “Lula” da Silva. The letter said that the policy of the new Argentinian government would “differ in many cases from that of the previous government” and that some of its decisions, including “active participation in BRICS,” would be “reviewed.” None of the BRICS nations has officially verified receiving the letter so far.
Argentina’s foreign minister Diana Mondino, who was Milei’s senior economic advisor, also said that her government did not “see any advantage” in becoming a member of the group and would thus “not join BRICS.”
...
Full Article:
https://thenewamerican.com/world-ne...f-brics-while-iran-russia-abandon-u-s-dollar/
