The Brazilian Minister of Economy, Paulo Guedes, said that he will present Argentina as a candidate to join the New Development Bank (NDB) of the group of countries that make up the BRICS, a group made up of Brazil, Russia, India, China and South Africa. reported the O’Estado agency of the neighboring country.
After meeting in Brasilia with his Argentine colleague, Martín Guzmán, Guedes emphasized that the two countries play a decisive role in the food and energy security of South America and the world.
Brazil is interested in having access to the country’s gas reserves and welcomes Petrobras’ decision to reduce the price of liquefied petroleum gas (LPG).
The Brazilian minister maintained that “Argentina has many fertilizers and the capacity to multiply current production by ten.”
“They helped us when we reduced external tariffs. We will help Argentina with the IMF (International Monetary Fund) program. It is a history of association that is staying more and more. The most important objective is the integration of our economies,” narrowed down
Guzmán said that “the relationship with Brazil is fundamental and that there is interest on both sides to seek greater integration. Brazil is the most important partner in economic and commercial terms for Argentina. In the field of energy, we will continue working for greater energy integration, to increase the scale of production, reduce costs and improve the competitiveness of our industries”.
