Revealed: The Cost Argentina Paid for Rejecting BRICS Membership
Cooperation areas
Source: Московский Комсомолец | Original Published At: 2025-12-10 03:49:45 UTC
Key Points
- Argentina lost access to BRICS financial mechanisms like the New Development Bank, missing opportunities for favorable financing.
- Trade with Russia dropped from $1.4B to $250M annually after abandoning BRICS currency cooperation frameworks.
- Chinese infrastructure projects were effectively frozen following the membership rejection.
- Experts describe the decision as 'hasty' and estimate significant economic losses from weakened international positioning.
- Argentina's foreign policy shift toward U.S. alignment is seen as sacrificing strategic autonomy in multilateral affairs.