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Politics A More Moderate Milei Embraces Trading Partners He Had Shunned - (Bloomberg News)

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A More Moderate Milei Embraces Trading Partners He Had Shunned​

  • He received congratulations from Xi, sent warm wishes to China
  • His adviser says ‘there can never be’ break with China, Brazil

Screenshot 2023-11-25 at 7.56.22 AM.jpg
Javier Milei waves to supporters after winning the presidential election runoff in Buenos Aires on November 19. Photographer: Luis Robayo/AFP/Getty Images


http://bloom.bg/dg-ws-core-bcom-m1
By Manuela Tobias
November 23, 2023, at 12:23 PM PST

President-elect Javier Milei is quickly toning down his aggressive rhetoric toward Argentina’s largest trading partners, raising the prospect that his administration may not be so disruptive for international affairs after all.

After calling the Chinese government an “assassin” during an August interview with Bloomberg News and saying he wouldn’t keep relations with Brazil or countries led by “communists” if elected, Milei sounded surprisingly cordial in comments made just a few days after his landslide Nov. 19 win.

He sent well-wishes to the Chinese people in a social media post-Wednesday, thanking President Xi Jinping for a letter in which he congratulated the Argentine leader for his victory. The letter also served for China to remind Milei that relations between Beijing and Buenos Aires were always based on “mutual respect,” with “tangible benefits” for both sides.

Also on Wednesday, he told a local TV that Brazil’s Luiz Inacio Lula da Silva would “be welcome” to attend his Dec. 10 inauguration. And he even patched differences with Pope Francis, an Argentine he once described as the devil’s man on earth. When receiving a call from the Vatican on Tuesday, Milei invited His Holiness to visit Argentina soon.

Read More: Lula Gives Milei the Cold Shoulder on Bet He’ll Need Brazil

The about-face is the latest sign yet that the foul-mouthed libertarian who swept to power with radical promises to fix Argentina’s problems may be adopting a more pragmatic approach, at least in foreign policy, as he prepares to take office.

“It was inevitable, Argentina simply can’t afford to alienate its most important trading partners,” said Benjamin Gedan, director of the Wilson Center’s Latin America Program. “It seems clear that Milei is following the advice of his more pragmatic advisers when it comes to foreign policy, including former President Mauricio Macri.”

Argentina’s total trade with China and Brazil reached $55 billion last year, almost three times as much its commerce with the US, its third-largest trading partner.

Read More: Milei’s Economic Team Led by Former Head of Macri’s Central Bank

Diana Mondino, Milei’s incoming foreign minister, said during a TV interview Wednesday that the president-elect had never proposed breaking relations with China or Brazil, blaming the media and the opposition for taking his comments out of context.

“There’s no breaking or changing or freezing” relations, she said in that interview. “There can never be.”

Mondino, an economist and close adviser to Milei throughout the campaign, added that Lula will “of course” be invited to the inauguration. “Why wouldn’t he come?”

One issue complicating a potential visit by Lula is the expected presence of his political adversary Jair Bolsonaro in the ceremony. The former Brazilian president is friends with Milei and, while calling him after his election victory, gladly accepted a personal invitation to attend his inauguration in Buenos Aires.

From the US, Milei received a congratulatory call from President Joe Biden, who won’t be able to come to Buenos Aires due to previously scheduled commitments, according to Mondino. But on Thursday Milei’s office said he also spoke by phone with Donald Trump, who confirmed his presence in the inauguration.

 
That was a swift change of stance. Perhaps it's time to align with your claimed Libertarian values. Ease up on the forceful language regarding a woman's right to choose, truly embody the Libertarian ideals you profess, and refrain from jeopardizing women's freedom to make decisions about their bodies. Additionally, it would be beneficial to abandon the confrontational anti-science rhetoric and denial surrounding climate change, dismissing it as nothing more than a "socialist lie." I'll await the evolution or moderation of his positions on other economic promises with patience.
 
While I advocate for avoiding self-inflicted harm to our nation, I view this as additional evidence of Milei's deceptive tactics. While it's a common political practice to backtrack after taking office, Milei's approach seems particularly swift.

His approval of the political caste hinges on their allegiance to Congress and their role as the Minister of Security. China is no longer vilified because of its potential to provide essential foreign currency. The removal of economic controls on December 11th seems unlikely, and Milei acknowledges the need for more time. Despite initial promises that the elite would bear the cost of adjustments, it appears that the burden may fall on the people.

My lack of disappointment or surprise stems from having no expectations or support for him. However, it's amusing to observe how quickly he's encountering the realities of governance. Governing a nation involves real consequences, in stark contrast to brandishing a chainsaw in front of a group of teenagers.
 
There's a recurring comparison in the States, labeling Milei as the Argentine Trump. Interestingly, the Netherlands recently elected a Dutch equivalent of Trump. Trump, upon assuming office, confronted the reality that Mexico wouldn't be funding the wall. Nevertheless, he did spur economic growth, at least until the onset of the pandemic.

Milei faces a more challenging economic scenario, but it prompts the question: was the economic strategy of the previous administration effective? It's crucial to afford Milei an opportunity rather than constantly undermining him in an attempt to restore your party to power. Trump encountered significant obstacles when contending with political forces more interested in regaining power than prioritizing the nation's well-being. Let's hope this time around, Milei is given a fair chance.
 
Milei promised Dollarization, yet Bullrich introduced a compelling philosophy. Caputo swapped national heroes for figures on banknotes, and the elite group Milei aimed to dismantle found roles within the government. Nearly all of Milei's team resigned or were reassigned, particularly the specialist in dollarization. La Libertad seems to be at a standstill.
 
I must admit, Milei has reneged on more promises than any political leader I've witnessed. This probably doesn't sit well with those who backed him and believed in his commitment to bring about changes from the corrupt system.
 
It's interesting to see all the Massa supporters on this thread. It's comical with you all. You say Milei is too far to one side and then when he shifts you complain. It's damned if you do and damned if you don't. I realize that most ex-pats don't like Milei because he will make Argentina more expensive for you ex-pats. You all love a weak and depressed Argentina so you can all live cheap.

Milei is very smart shifting to reality. I have posted since very early that dollarization was not possible. At least not in the short-term. It's very difficult simply because of what I always mentioned, there is NO MONEY to do it.
 
I like Milei. He seems like a NO BS kind of President. I did some research and went to a Link to a blog you suggested to read. Fasincating!


It sounds like Massa and his party have ruined Argentina. Javier Milei sound like the change Argentina needed.
 
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