Argentina: Milei rejects invitation to Brics group | EUROtoday

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Abroad Libertarian authorities chief

Milei rejects Argentina’s invitation to hitch the Brics group

Javier Milei won the presidential election in November Javier Milei won the presidential election in November

Javier Milei received the presidential election in November

Quelle: dpa/Natacha Pisarenko

Argentina is foregoing membership within the alliance of rising international locations together with Brazil, Russia, India, China and South Africa. The new president, Javier Milei, formally declined an invite in a letter. Five states are anticipated to hitch the bloc on the flip of the 12 months.

AOn Friday, Argentina formally rejected becoming a member of the Brics worldwide group. In a letter to the heads of state and authorities of the earlier member states Brazil, Russia, India, China and South Africa, the brand new libertarian President Javier Milei mentioned that full membership was at the moment not acceptable for his nation. The letter is dated December twenty second and was revealed on Friday.

Argentina was one in all six international locations invited to develop into a member in August. The present group of states ought to be expanded from 5 to eleven member states. Argentina was attributable to be part of on January 1, 2024. Additional members are to develop into Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates.

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(From L to R) President of Brazil Luiz Inacio Lula da Silva, President of China Xi Jinping, South African President Cyril Ramaphosa, Prime Minister of India Narendra Modi and Russia's Foreign Minister Sergei Lavrov pose for a BRICS family photo during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on August 23, 2023. Pool Photo by Gianluigi Guercia/UPI Photo via Newscom picture alliance

Milei’s predecessor Alberto Fernández had spoken out in favor of becoming a member of. This is a chance to succeed in new markets. Argentina is battling an financial disaster. Milei has launched a number of measures to decontrol the financial system.

During the presidential election marketing campaign, he introduced a number of instances that he would forego membership within the Brics group. The Brics states see themselves as a counterweight to Western states. Milei, then again, sees the USA and Israel as his nation’s companions.

Milei urged that the recipients of his letter as a substitute strengthen bilateral relations. He is able to meet with every of the 5 heads of state and authorities of the Brics international locations.

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