Argentina Rejects BRICS Invitation, Making a Complete U-Turn

Argentina Rejects BRICS Invitation

Argentina has declined the invitation to join the BRICS Group, indicating a shift in foreign policy under the new administration led by Javier Milei. According to Diana Mondino, Milei’s pick for Foreign Affairs Minister, Argentina will not be joining the group of emerging economies. Mondino expressed doubts about the value of the bloc and questioned the need for Argentina to join when it already has China and Brazil as its primary trading partners.

The decision to reject the BRICS invitation is aligned with Milei’s vision to align Argentina’s interests with those of the United States. As a libertarian and admirer of former US President Donald Trump, Milei aims to prioritize relations with the US over other nations.

Argentina President Criticizes Brazil and China

The BRICS Group aims to reduce dependence on the US Dollar through de-dollarization. However, Argentina’s newly elected president is opposed to this vision and has criticized both China and Brazil for their close ties with the bloc. Milei has expressed his disinterest in doing business with “any communist” country and lambasted Brazil’s government for cozying up to China.

Argentina was one of six countries invited to join the BRICS Group during the last summit. However, with Argentina’s refusal, it is uncertain if the group will expand as originally planned.

Hot Take: Argentina’s Shift in Foreign Policy

Argentina’s rejection of the BRICS invitation reflects a significant shift in its foreign policy under President Javier Milei. By prioritizing relations with the United States and criticizing China and Brazil’s involvement in the BRICS Group, Milei aims to align Argentina’s interests more closely with those of the US. This decision may have implications for Argentina’s trade partnerships and future economic strategies, as well as its position within the global community. As Milei officially assumes office, the international community will be closely watching how Argentina’s foreign policy evolves and the potential consequences of this shift.