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March 25, 2023
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President of Chile considers it “naive” to think that a common currency unites Latin America

Boric acknowledges that the relationship with Venezuela "is not easy", but seeks a solution for migrants

The Chilean president, Gabriel Boric, highlighted the importance of having in the Latin American region “a joint vision of democracy and unrestricted respect for human rights, regardless of the political color of who governs. He highlighted that, in his opinion, far from creating a currency, integration in the region could be improved, such as the Pacific Alliance or the Bi-Oceanic Corridor between Argentina, Brazil, Paraguay and Chile.

Luis Daniel Cambero | Momentum


Chilean President, gabriel boricHe commented that Latin America has to “advance more in terms of integration” before considering the idea of ​​creating a common currency, proposals that have been raised by Brazil and Argentina.

“Integration is a very long road and to think that a single currency in Latin America per se is going to integrate us is naive and willful. We have a long way to go before,” said the Chilean president in a meeting with young people in the framework of the XXVIII Ibero-American Summit in Santo Domingo.

Boric listed a series of initiatives that, in his opinion, could improve integration in the region, such as the Pacific Alliance or the Bi-Oceanic Corridor between Argentina, Brazil, Paraguay and Chile.

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Likewise, he stressed the importance of “having a joint vision of democracy and unrestricted respect for human rights, regardless of the political color of who governs.”

“When we manage to move further in that direction we can perhaps have the discussions on a single currency, but it seems to me that it is too soon,” he added.

It is important to mention that the presidents of Brazil, Luiz Inácio Lula Da Silva; and Argentina, Alberto Fernández, proposed in January the creation of a currency, which would initially be used for trade and transactions between the two countries and which raised doubts about its viability.

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