Brazilian Finance Minister Fernando Haddad responded very concisely when asked if the meeting of the governors of the New Development Bank (the BRICS bank, a group made up of Brazil, Russia, India, China and South Africa) discussed the Argentine government's request that this entity offer guarantees for loans to Brazilian investors exporting to Argentina. "We did not have time" was the only thing Haddad said, to confirm that the Argentine request did not find space on the agenda of the day, according to Agencia Brasil.
It could be said that it is the second snub suffered by the government of Alberto Fernández from the government of his "friend" Lula Da Silva. The first was a few days ago, when Lula received Fernández in Brasilia but fired him without the financial help that the Argentine president had gone to seek.
Haddad participated in the meeting of the NDB governors by zoom. Haddad's absence in China, where the meeting of the BRICS partner countries is taking place, was also a snub for Argentine Economy Minister Sergio Massa, who traveled to China precisely to negotiate, as a priority, the request for a guarantee that according to Haddad could not be discussed.
The BRICS meeting discussed the incorporation of new members to the group, as well as investment strategies focused on the ecological transition.
Haddad recalled that the virtual meeting was the debut of former President Dilma Rousseff at the BRICS bank.
"The current governors presented their considerations on the bank's agenda," says Haddad. "There was general talk of the need to expand funding; consider the incorporation of new members; and focus on investments in strategic issues, especially investments in the so-called Global South, focused on the issue of ecological transition," he added.
Haddad had made a gesture in favor of Argentina vis-à-vis the United States. It was when he asked the Secretary of the Treasury of that country, Janet Yellen, to help Argentina "for humanitarian reasons"
It was in a meeting that Haddad and Yellen held weeks ago in the Japanese city of Niigata, Japan.
"We are very concerned about what is happening to our neighbor Argentina. And one of the things that brings me to the G7, on the recommendation of President Lula, is to make the G7 and G20 aware of the specific conditions of Argentina at this time. We bring this concern for a very obvious humanitarian issue," Haddad told reporters at the previous meeting of the G7 group of countries.
Haddad's request to the powerful Yellen came a week after Alberto Fernández met with Lula, who although he ironically said that his colleague had gone to Brazil to ask for money to weather the crisis and returned "with the empty ones", promised that he would "help take the knife out of Argentina's neck". in clear reference to the pressures that the country has with its debt maturities before the International Monetary Fund. In China, Lula had said that the Fund was "suffocating" Argentina.