Why is Mexico not in the BRICS?
Despite the importance of the BRICS in the world economy and the interest of 19 nations to join, the Mexican government has ruled out its intention to belong to this group.
Even on August 8, President Andrés Manuel López Obrador rejected this possibility because the country is focused on getting the most out of the T-MEC.
“We have good relations with the US and Canadian governments. And because of our neighborhood, it is convenient for us to maintain cooperation with those countries that are very good markets,” said the politician from Tabasco in his usual morning conference that day.
“We are not going to participate in this bloc, this association (of the BRICS). Of course, we welcome other countries to do so; however, for economic reasons, for neighborliness, for geopolitical reasons, we are going to continue strengthening the alliance of North America and all of America,” he added.
Who does want to be BRICS?
More than 20 countries have already submitted a formal demand to join the bloc, including Algeria, Argentina, Bangladesh, Cuba, Egypt, Ethiopia, Iran, Saudi Arabia and Vietnam.
The South African government has been working this year on a list of “guidelines” for the entry of new members.
Given the geographical, economic and political diversity of applicants, “it is difficult to see what the criteria for a possible expansion might be,” John Stremlau, a specialist in international relations at the University of the Witwatersrand in Johannesburg, told AFP. .
What relationship does Mexico have with the BRICS?
Separately, Mexico shares preferential tariff agreements with Brazil, as well as the Latin American Integration Association (ALADI), the federal government refers to.
With India he maintains a strategic agenda.
It has an Agreement for the Promotion and Reciprocal Protection of Investments with China. While with Russia and South Africa there is no specific trade agreement or pact, which does not prevent the exchange of goods and diplomatic relations with those nations.
With information from AFP