Diana Mondino Confirms Argentina’s Decision Not to Join BRICS

2023-11-30 19:04:00

The leader who will be the future chancellor of Javier Milei ruled out joining the group of emerging countries that the outgoing government had been working on.

Thursday, November 30, 2023

The economist and reference of La Libertad Avanza Diana Mondinowho will be appointed as chancellor in the government of Javier Mileyfinally confirmed the decision of the elected president of do not join the BRICSmade up of Brazil, Russia, India, China and South Africa, a group that Argentina had approached due to the management of Alberto Fernández’s administration.

“We are not going to go back because it was never approved”, assured the future Minister of Foreign Affairs, when consulted regarding the completion of the country’s entry into the emerging market bloc. Her statements were made in a brief contact with the press minutes before participating in the 29th Industrial Conference of the UIA (Argentine Industrial Union).

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Days ago, Mondino had already stated that “there is no relative advantage in participating in the BRICS” and that inclusion in that group of states was going to be “reevaluated.” “It is an invitation that is open and that Argentina, As far as I know, he has not yet accepted.”

This vision is what La Libertad Avanza maintained from the beginning. After the current Minister of Economy, Sergio Massaannounced the news, Milei had come out to express that would not trade with “communist countries” and targeted Russia, China and Brazil. The future chancellor’s statements come very close to the end of the deadline, since joining the BRICS was scheduled for January 1, 2024.

“Although these issues were already advanced, our concern is be open to multilateralism and try to participate in the greatest number of organizations that allow us to respect international law, respect for human rightsopen international trade,” the economist had indicated in a report with Clarion.

“As far as I know, Until now, I repeat, The BRICS are more linked to political alignment than to advantages that there might be for trade between countries. In fact, with most of the BRICS we already have diplomatic and commercial relations,” he explained.

The block was created in 2006 by Brazil, Russia, India and China under the name of BRIC and they had their first summit in the Russian city of Yekaterinburg in 2009. The following year, South Africa joined the group by adding the final “S” to the acronym that defines it. In their last official meeting, they accepted the inclusion of Iran.

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The need to open trade

During the UIA conference this Thursday, which took place at the Buenos Aires Convention CenterMondino maintained the need for a unilateral opening of international trade. “One has to simplify taxes urgently. can’t follow with this great fiscal imbalance. And we go on the side of “lower spending and then do the same with taxes.”he claimed.

“If we cannot obtain consensus in Congress it will be difficult,” he added, referring to the decrease in public spending posed by Javier Milei, who will take office on December 10.

Finally, he commented that “from La Libertad Avanza” they want the agreement with the European Union but warned that this “will bring some concerns for the regulations it imposes”, which “will take away Argentina’s discretion.” “The doors that open are monumental and yes when taking action We are going to hope that everyone is happy, no one is going to be happy“, hill.

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