Peronist deputies asked the Government of Javier Milei that “explains and substantiates” the decision to withdraw Argentina of the block of BRICSafter it had invited the South American country to join since this year, according to legislative sources reported this Saturday.
The request was made in the Lower House by the former chancellor of the Government of Alberto Fernández (2019-2023) Santiago Cafiero, accompanied by 14 other members of the Unión por la Patria bloc – followers of former president Cristina Fernández (2007-2015) -, who They warned about “the economic damage” that this decision will bring to regional economies, by generating “new disputes” with the country’s main trading partners.
The group BRICSoriginally made up of Brazil, Russia, India, China and South Africa, decided to expand in August last year by inviting Argentina, Egypt, Ethiopia, Saudi Arabia, Iran and the United Arab Emirates as new members starting this year.
The invitation of BRICS It was received positively by the then Argentine president, Alberto Fernández.
But the Government of Javier Milei formally communicated on December 22 to the leaders of the countries that make up the group BRICS that would not join that block of emerging economies.
The libertarian president Javier Mileiwho took office on December 10 and has declared his alignment with the United States, Israel, the European Union and the “free world,” expressed in the letter that “many axes of Argentina’s current foreign policy differ from the previous one” and that he did not consider the incorporation of Argentina to the BRICS.
The request for an explanation from the Executive details qualitative and quantitative data and contemplates the economic, political, strategic and cultural values that underpin Argentina’s entry into the BRICS and demands that the Government Javier Milei detail whether a “deep analysis” has been carried out on the advisability of removing Argentina of that block.
In the request for reports from the Peronist deputies, the Executive is asked if the costs involved in the exclusion from international financing by the New Development Bank were evaluated, if the losses that it can generate in terms of technological cooperation, housing, food were considered. , knowledge economy and agriculture and if there will be more withdrawals of Argentina from other international spaces of cooperation and exchange.
”It is essential that the National Congress be informed about this matter since the government’s decision not to be part of the BRICSdeprives the Argentina of financing sources and specific weight in their capacity for dialogue, dialogue and discussion,” Cafiero argued in a statement.
The group represents 23% of global GDP and 42% of the world’s population, a market that accounts for nearly 30% of Argentine exports, while Brazil and China are Argentina’s two largest trading partners. Argentina.
Source: Gestion

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