President Luiz Inacio Lula da Silva is because of talk about together with his Argentinian counterpart strategic bilateral “gas integration” and a “common South American currency” for monetary and commerce flows, the Argentine presidency mentioned.
(AFP)
Brazil President Luiz Inacio Lula da Silva has arrived on the presidential palace in Buenos Aires as he started a primary international journey since his election by assembly with Argentine counterpart Alberto Fernandez.
Lula, 77, arrived on the Casa Rosada in central Buenos Aires at 11:00 am accompanied by his spouse Rosangela da Silva on Monday. He was greeted by Fernandez and First Lady Fabiola Yanez.
The two leaders are attributable to talk about strategic bilateral “gas integration” and a “common South American currency” for monetary and commerce flows, the Argentine presidency mentioned in a press release launched on Sunday evening.
Brazil is Argentina’s largest commerce companion, in line with official figures printed final week by the INDEC nationwide statistics institute.
Brazil is the highest vacation spot for Argentine exports, amounting to 14.3 p.c and $12.7 billion in 2022.
Nearly 20 p.c of Argentina’s imports are from Brazil, value simply over $16 billion final yr.
“Argentina is the most important country in our diplomatic relations,” Feliciano de Sa Guimaraes, educational director for the Brazilian Center for Diplomatic Relations, instructed AFP news company.
Likewise, Fernandez’s authorities “depends a lot on Brazil”, not least in its negotiations with the International Monetary Fund (IMF), with whom Argentina has a $44 billion debt.
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Brazil President Luiz Inacio Lula da Silva is in Buenos Aires as he begins first international journey since his election by assembly with Argentine counterpart Alberto Fernandez. Francisco Aure has extra pic.twitter.com/yg55O7bwr7
— TRT World Now (@TRTWorldNow) January 23, 2023
‘Rebuilding bridges’
On Tuesday, Lula will participate in a Community of Latin American and Caribbean States (CELAC) summit.
His far-right predecessor Jair Bolsonaro suspended Brazil’s participation in CELAC, alleging the physique “gave importance to non-democratic regimes such as those of Venezuela, Cuba and Nicaragua.”
Lula can be attributable to meet Cuba’s President Miguel Diaz-Canel in Buenos Aires earlier than heading to Montevideo on Wednesday for talks with Uruguay President Luis Lacalle Pou.
Brazil Foreign Minister Mauro Vieira instructed the Argentine Telam news company on Saturday that Lula was trying to “rebuild bridges” with the worldwide group after 4 years of Bolsonaro’s populist management.
“What we will do in Buenos Aires and Montevideo is speak without partners about the situation we inherited and possible paths to follow,” mentioned Vieira.
One problem Lula will face is a disaster throughout the Mercosur commerce group that contains Brazil, Argentina, Uruguay and Paraguay over Montevideo’s choice to barter a bilateral free commerce settlement with China with out the consent of its regional companions.
Lula begins his go to to Argentina simply two days after sacking military commander Julio Cesar de Arruda attributable to a scarcity of “confidence” following the storming of the seats of energy in Brasilia earlier this month by Bolsonaro supporters.
Lula has mentioned he suspects the safety forces might have been concerned within the riots.
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Source: TRTWorld and businesses
