Mexico rules out joining the regional currency

Mexico rules out joining the regional currency

The Mexican president, Andrés Manuel López Obrador, ruled out on Tuesday that the country join the regional currency what do you propose Brazil and Argentina to stop depending on the dollar, despite his past insistence on the economic integration from America.

“We would not agree to that, for many reasons we have to continue maintaining as dollar reference”, expressed López Obrador in his daily press conference.

His statements come after the president of Brazil, Luiz Inácio Lula da Silva, and his Argentine counterpart, Alberto Fernández, defended on Monday that progress be made on a draft common currency in south america for commercial transactions.

The proposal, which arose on the eve of the VII Summit of the Community of Latin American and Caribbean States (Celac) that is being held this Tuesday in Argentina, received the support for of the president of VenezuelaNicolas Maduro.

But, questioned about the issue, López Obrador doubted the veracity of the initiative.

“About the currency, I want to clarify something, I’m not sure it’s a proposal from Argentina and BrazilI think there may be some missing information. I have not seen anything on this subject, the fact that there is a currency between Brazil and Argentina, no. There is nothing, ”he asserted.

The president indicated that worries “that be something invented to harm the image of Brazil and Argentina, or to seek confrontation with the United States over the dollar. In other words, there is (also) talk, for example, of a currency from China, Russia, and Arab countries,” she mentioned.

Before he asked for integration

López Obrador’s rejection of a common currency occurs despite the fact that he insisted at the North American Leaders Summit, on January 10, on the need to integrate all of America in a single economic block.

The Mexican president even proposed at the 2021 Celac Summit in Mexico that the region should be integrated as the European Union.

Still, López Obrador was skeptical in response to questions from the press about the south american currency.

“Now that I hear what you’re saying, which may be true, I think we have to collect more informationMaybe it was a project, an approach for the medium, for the long term”, he suggested.

López Obrador is one of the great absentees of the celacwhich is being held this Tuesday in Argentina, current president pro tempore, with representatives of the 33 member countriesincluding about 15 heads of state or government.

Reliable, reliable and easy. Multimedia news agency in Spanish.

Source link

Previous Story

Three women arrested for alleged university fraud in El Tigre

Next Story

Constitution Commission approved the advancement of the start of the second legislature

Latest from Dominican Republic