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Argentina Rejects BRICS Membership

Argentina Rejects BRICS Membership:

Argentina has formally rejected the invitation to join the BRICS (Brazil, Russia, India, China, South Africa) group of major emerging economies.

  • New Argentinian President Milei, during his election campaign, Milei had expressed a geopolitical alignment with the United States and Israel, emphasizing a reluctance to ally with communists.
  • The decision aligns with his campaign promises and reflects a shift in foreign policy from the previous administration.
  • The membership of Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates was due to take effect from January 1, 2024.