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Changes in Argentina and Brazilian policies have reversed the race to enter the …

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Changes in Argentina and Brazilian policies have reversed the race to enter the ...

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17:08 15.01.2020 (updated 17:50 15.01.2020) Short URL

The changes in Argentina and the signal that the Bolsonaro government will adopt liberal policies made the United States privilege Brazil in the race to enter the OECD, according to a professor of international relations.

“When (Maurício) Macri came to power in Argentina, what was indicated was that the country would implement free market economic and social policies, following international standards. As Argentina experienced an ideological shift in power, the United States had an indication that the country will no longer implement this policy ”, summarized Daniela Alves, from IBMEC in São Paulo.

Alberto Fernández, from the left, won the elections last year in Argentina with a comfortable margin, which saw his economic crisis deepen in the Macri administration.

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On Tuesday (14), the US Embassy in Brasilia released a note stating that the country would support Brazil's entry into the Organization for Economic Cooperation and Development (OECD), which was a “natural evolution of the commitment reaffirmed by the secretary of State (Mike Pompeo) and by the "American president, Donald Trump.

Although President Jair Bolsonaro left Trump in March last year stating that the United States would defend Brazil's candidacy for the organization, the United States indicated in October 2019 that it would first support Argentina's entry into the OECD, which pleaded for the vacancy longer.

Now, with the manifestation of the US government, the picture seems to have changed. On Wednesday (15), Bolsonaro said that Brazil was "well ahead" to meet the criteria for entry into the OECD, "even in front of Argentina"

'Brazil-US Alliance is Strengthening'

"It was already being signaled that the USA would prefer Brazil over Argentina due to changes in the Argentine electoral framework," said Daniela to Sputnik Brasil.

In addition, the professor emphasizes that the “alliance between the United States and Brazil has been increasingly strengthened”.

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The expert also points out that since the government of Michel Temer, with continuity in the current administration, Brazil has been carrying out “reforms that are within international standards to inspire confidence in attracting international investments”.

This market policy, according to the expert, weighs when the US supports a country to join the OECD.

This Wednesday, a meeting of the member countries of the entity was held in Paris. According to the Foreign Ministry, the USA formalized at the event the request for priority for Brazil to join the organization.

'Obstacles and negotiation ahead'

According to Daniela, participating in the OECD is positive, but it is not something that automatically translates into development.

“I welcome the entrance, it is a very positive sign for the country. Being in the OECD, informally called a club of rich countries, means that we will be in the sights of big investors. But the inflow, by itself, does not guarantee the immediate attraction of investments, it happens over time. Brazil will only really be able to attract investment and boost the economy if it has policies to implement the OECD guidelines ”, says the professor.

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To complete entry into the organization, all OECD member countries and committees need to approve Brazil's candidacy.

"We will have some obstacles and a lot of negotiation ahead," said Daniela Alves.

Opinions expressed in this regard may not necessarily coincide with those of Sputnik's editorial office.

(tagsToTranslate) Brazil's entry into the OECD (t) US support for Brazil's entry into the OECD (t) Argentina into the OECD (t) liberal economic policies

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