Argentina Formally Announces It Won’t Join the BRICS Alliance in Milei’s Latest Policy Shift

Published on December 30, 2023

BUENOS AIRES—Argentina formally announced Friday that it won’t join the BRICS bloc of developing economies, the latest in a dramatic shift in foreign and economic policy by Argentina’s new right-wing President Javier Milei. In a letter addressed to the leaders of Brazil, Russia, India, China, and South Africa—all members of the alliance—Mr. Milei said the moment was not “opportune” for Argentina to join as a full member. The letter was dated a week ago, Dec. 22, but released by the Argentine government on Friday, the last working day of 2023. Argentina was among six countries invited in August to join the bloc made up of Brazil, Russia, India, China, and South Africa to make an 11-nation bloc. Argentina was set to join Jan. 1, 2024....