President of Argentina, Javier Mileyofficially informed the leaders of the countries included in the group BRICS What will not join this block emerging economies confirmed this Friday EFE official sources.

Miley announced his decision in letters sent on December 22 to the presidents of Brazil. Luiz Inacio Lula da Silva; from South Africa, Cyril Ramaphosa; from China, Xi Jinpingand from Russia, Vladimir Putinand Indian Prime Minister Narendra Modi.

According to sources, in the letter, Miley, a supporter of libertarian ideology and assumed the presidency of Argentina on December 10, states that “In this case it is not appropriate participate as a member of BRICS from January 1, 24, since many directions of the current Argentine foreign policy differ from the previous one.”

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Last August, at the group’s summit in Johannesburg, BRICS decided invite ArgentinaSaudi Arabia, EgyptEthiopia, United Arab Emirates And Iran to join the bloc starting in 2024 – an invitation that was received positively by the then President of Argentina, Alberto Fernandez (2019-2023).

Miley, who declared his foreign policy orientation with USA, Israel, European Union and the “free world” indicated in their letter that “in this case, the inclusion of the Argentine Republic in BRICS as a full member” from 2024 is not considered appropriate.

Group consisting of Brazil, Russia, India, China and South Africa represents 23% of world GDP and 42% of the world’s population, this market accounts for almost 30% of Argentine exports.

Brazil and China both Argentina’s largest trading partnerswhose economy, suffering from severe imbalances and meager cash reserves, is in urgent need of increased foreign exchange earnings.

(EFE)