In a recent interview, former Argentine ambassador to China, Sabino Vaca Narvaja, expressed deep concerns about Argentina’s decision not to join the BRICS framework under the leadership of newly elected president Javier Milei. The former ambassador argued that this decision, influenced by the Milei government’s ideological perspective, could inflict serious harm on Argentina’s economy.
The former ambassador pointed out that the BRICS nations, with their expanded membership, play a crucial role in global coordination during times of crisis, offering supplies, vaccines, and loans through the New Development Bank. With a combined economic scale surpassing that of the G7, the BRICS nations, led by emerging economies, contribute significantly to global economic prospects.
Read more below about what Narvaja and other commentators had to say about Argentina’s shocking decision:
Argentina’s snub may strain China ties but Brics has ‘dodged a bullet’
Argentina’s decision not to join BRICS perplexing: former ambassador