2023-08-28 01:50:00
Sergio Massa will have his second photo with Luiz Inacio Lula Da Silva since he signed up as a presidential candidate. This time, it will be at the Planalto Palace, where the President of Brazil will receive the Minister of Economy to give it air in the middle of the campaign before the shortage of foreign reserves that Argentina is going through.
The minister-candidate will arrive in Brasilia this Sunday at the last minute with the ultimate goal set in advance in an alternative mechanism that allows our country to trade without using dollars. But the agenda will begin first thing Monday morning with measures that have to do with opening of agricultural markets, search for financing for a new stretch of the President Néstor Kirchner Gas Pipeline, new lines of credit and infrastructure works.
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On the possibility of giving relief to foreign currency reserves, according to what was discussed in previous talks between officials of both administrations, the first objective is to guarantee regarding US$140 million in trade through an exchange carried out by Banco do Brasil SA, that would convert yuan to reais to pay exporters, so dollars would not be needed for bilateral trade to be able to maintain the levels it had been having.
Some of this advanced the head of Economy of Brazil, fernando haddad. “Brazilian exporters can have some flow of sales of their products with 100% guarantee. For Brazil, there is no problem, because the exchange rate will be made with the yuan for the real and this also assures the National Treasury that there is no risk of default,” said the official who will be at the meeting on Monday with Massa and Da Silva.
Without giving details, the presidential candidate also spoke regarding this from Washington: “We will be traveling to Brazil to further ease the procedure for using reserves, at a time when we have to take care of them,” Massa said. This Monday’s will be regarding the second photo of the official with the President of Brazil since he became a presidential candidate, the first was in Misiones at the Mercosur Summit.
Massa will arrive in Brazil together with the Secretary of Industry, José Ignacio de Mendiguren; the Secretary of Agriculture, Juan José Bahillo; the Secretary of Energy, Flavia Royón; the second vice president of the Central Bank, Pablo Cleri; the head of ENARSA, and the legislators, Eduardo Valdés, Natalia de la Sota, from the Córdoba Federal bloc, and Alejandro “Topo” Rodríguez, from Identidad Buenos Aires. On the role that the legislators who today have Juan Schiaretti as a candidate for president can have, before taking off, an advance was left: “We are not going to be neutral or indifferent if two country models are put at stake in a ballotage”. This is part of what they are going to talk regarding with Sergio Massa on the trip. The Minister of Economy is already thinking regarding reaching the ballotage and that is why he is already looking to add leaders who are today in another space.
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In Brasilia, the ambassador, Daniel Scioli, will join the delegation. The former Buenos Aires governor held meetings with Haddad days ago to coordinate the new trade conditions that will be finalized on Monday.
The meeting between Lula and Massa becomes relevant following the incorporation of Argentina to the BRICS that make up Brazil, Russia, India, China and South Africa. The meeting comes days following the Together for Change candidate, Patricia Bullrich, said that if she wins the election, our country would not be part of this bloc, something that was strongly promoted by Lula. The president of Brazil is willing to warn regarding “the advance of the ultra-right” in Argentina and accompany the candidate of the Union for the Fatherland in whatever is necessary. In this case, in the most critical area of management: the lack of reserves.
The flight to Brazil was scheduled for 7:00 p.m. this Sunday, but the economic announcements that Sergio Massa led this Sunday delayed the departure. The Economy Minister recorded the messages this Saturday morning at his home in Tigre, where he spent the whole day monitoring the repercussions of the 12 announcements.
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