Argentina announces that it will not join BRICS bloc
Al JazeeraJAN 2 2024
The Spin
Pro-establishment narrative
It bodes well for Argentina that their new leader has firmly rejected being put under the yoke of China and other anti-Western regimes by joining BRICS. Steering away from the siren song of Chinese investment, Milei has staked Argentina's position as one that stands with the free countries of the world, even at the expense of geopolitical clout.
Establishment-critical narrative
Milei, with his unorthodox political views, has taken Argentina backward by spurning the BRICS alliance. As the country grapples with an economic crisis, it is perplexing that Milei has turned away from some of his largest trading partners and most important emerging markets. This short-sighted move will hurt Argentina in the long run.