November 20, 2024
This sudden change of heart has left many in Argentina and around the world wondering what prompted Milei to soften his stance on China and Brazil. Insiders close to the president have revealed that he is keen to capitalize on the economic benefits of trading with the two nations, and is now pragmatic about putting aside his ideological differences in order to boost Argentina's economy.
During the talks, Xi and Milei are believed to have discussed a range of issues, including a potential trade deal that would see China increase its imports of Argentine soybeans and other agricultural products. The two leaders also explored opportunities for cooperation in the energy sector, with China expressing interest in investing in Argentina's burgeoning renewable energy market.
While some in Argentina have welcomed Milei's shift towards pragmatism, others have been left feeling disillusioned and betrayed by his sudden change of heart. Critics have accused Milei of hypocrisy, pointing out that he had once lambasted China and Brazil as being incompatible with Argentina's values and interests.
Despite the backlash, Milei's administration remains committed to pursuing closer ties with China and Brazil. The president's advisors have argued that Argentina has no choice but to engage with the two nations, given their growing economic and political influence in the region.
The surprising development has also raised eyebrows among observers in the United States, where Milei had once been seen as a kindred spirit of Donald Trump. While Milei had modeled his campaign on Trump's populist playbook, his recent overtures towards China and Brazil suggest that he may be charting a more independent course in foreign policy.
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