Russia regrets that Milei decided to renounce membership in the BRICS group

Russia I regretted today that the president of Argentina, Javier Mileidecided that his country will not join the group from January 1st BRICS of emerging economies (composed of Brazil, Russia, India, China It is South Africa), although he considered this his “sovereign right”.

“For my part, I can only regret the opportunity lost by Buenos Aires“, he said Leonid Slutskycommittee head Duma International Relations or Chamber of Deputies, to the official body RIA News.

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Slutski recalled that “only Argentine voters” They can value their president’s decisions, although he has highlighted that popular discontent with his economic reform program is increasing.

“Each State has the right to choose its own path of development. No one forces anyone to enter by force BRICS (…) I hope that this step will not have a destructive impact on the development of BRICS and the growth of its potential” he claimed.

In this sense, he highlighted that there are already more than twenty countries that want to access the aforementioned bloc and recalled that “in terms of purchasing power parity” the countries BRICS clearly surpass the G7.

“The role of BRICSin which all member countries are represented on an equal footing, and this is the most important factor so that the attractiveness of the union only increases” he pointed out.

Slutsky He insisted that this block is a “great challenge” for defenders of the unipolar world, since it is a “real step” in defining what he called “wstructures for a just world architecture”.

As official sources confirmed to EFE today, Milei formally communicated her decision to renounce her membership in the group. BRICS In letters sent on December 22 to the presidents of Brazil, Luiz Inácio Lula da Silva; South Africa, Cyril Ramaphosa; China, Xi Jinping; It is Russia, Vladimir Putinand the Prime Minister of India, Narendra Modi.

Milei, who declared his foreign policy alignment with the United States, Israel, the European Union (EU) and the “free world”, noted in his letter that “in this case the incorporation of the Republic is not considered appropriate. Argentina for the BRICS as a full member” from 2024.

Last August, as part of a group summit in Johannesburg, the BRICS They decided to invite Argentina, Saudi Arabia, Egypt, Ethiopia, United Arab Emirates and Iran join the bloc from 2024, an invitation that was positively received by the then Argentine president, Alberto Fernández (2019-2023).

He BRICS represents 23% of GDP global market and 42% of the world’s population, a market that accounts for almost 30% of Argentine exports.

In mid-December, Putin warned that the dollarization of the economy planned by Mileiwhen the Kremlin and its allies want to give up US currency in their bilateral exchanges, this implies a “significant loss of sovereignty”.

With all Kremlin guarantees that Russia is interested in developing relations with Argentina and will focus on “Shared Interests”when interacting with the Government of Milei.

Source: Elcomercio

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