Javier Milei writes to BRICS leaders, rejects invite for Argentina to join the grouping

Subject: IR

Section: Groupings

Context: Argentina rejects membership of BRICS

More about the news:

Argentina’s President, Javier Milei, has formally rejected an invitation to join the BRICS grouping, comprising Brazil, Russia, India, China, and South Africa.
In letters sent to BRICS leaders, Milei stated that Argentina’s membership was “not considered appropriate at this time.“
He had pledged not to join BRICS during his campaign, expressing alignment with the United States and Israel.
Despite taking a more conciliatory tone since taking office, Milei’s letters indicate a reassessment of foreign policy decisions made by the previous administration.

Some facts about BRICS:

BRICS is an acronym for the grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China, and South Africa.
In 2001, the British Economist Jim O’Neill coined the term BRIC to describe the four emerging economies of Brazil, Russia, India, and China.
The grouping was formalized during the first meeting of BRIC Foreign Ministers’ in
South Africa was invited to join BRIC in December 2010, after which the group adopted the acronym BRICS
Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates are set to join the group with effect from January 1, 2024.