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Brazil does not support Venezuela’s entry to the BRICS

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In the Russian city of Kazan, the annual summit of the BRICS countries took place, the sixteenth since its founding, in 2006. It was attended by 36 States, 22 presidents, including the Venezuelan president Nicolás Maduro Moros, and six international organizations, between them the United Nations, represented by its Secretary General, Antonio Guterres.

President of Venezuela, Nicolás Maduro, traveled to Kazan accompanied by Foreign Minister Iván Gil, Vice President Delcy Rodríguez, and other officials such as the Minister of Communication, Freddy Ñáñez.

The Venezuelan president praised the emergence of a bloc of emerging countries such as the BRICS, which in his opinion, “has become the epicenter of the new world, the pluripolar world, the world of the future.” Likewise, Maduro invited the BRICS countries to develop a UN reform plan.

The BRICS are a very enriching space for dialogue, said Maduro, “a permanent search to build a new international order; A new era has emerged, new superpowers and countries to which we aspire to have our independence respected, I came from the modesty of Venezuela to propose several ideas:

– The BRICS emerged at a time when there was a change of era, with the emergence of new superpowers.

– Establish an economic agenda with bolder and more practical solutions and steps for international trade, we need a new global monetary system.

– It is urgent to refund the United Nations System, #UN, which is dying with every bomb that falls on the Arab and Muslim peoples due to fascism; It cannot be that the Court of Justice only serves for Communiqués, but there are no actions against massacres.

Commander Chávez told us: “the time has come for a new, pluripolar, multicentric world,” which is why I assure you that the BRICS can count on Venezuela and the Bolivarian force for our historical project,” said president Maduro.

The President of Venezuela also participated in the first plenary session of the summit of the Outreach/BRICS Plus formats, in which he proposed a new global financial system and insisted on the need to advance in the consolidation of the BRICS Bank.

According to press statements by President Maduro, the Venezuelan delegation participated in more than 200 meetings, in which meetings with other state leaders stand out, such as the President of Russia, Vladimir Putin; the President of the Palestinian Autonomous Government, Mahmoud Abbas; the President of Belarus, Aleksandr Lukashenko; the Prime Minister of Ethiopia, Abiy Ahmed Ali; the President of Türkiye, Recep Tayyip Erdoğan; the President of Bolivia, Luis Arce and the President of Iran, Masoud Pezeshkian, among others.

“Our countries, #Iran and #Venezuela, have always maintained this unbreakable unity, we continue to give a message to the world with giant steps to consolidate the construction of the #MultipolarWorld. We are a unitary bloc that is moving towards a geopolitics without colonialism or hegemony!”

In these meetings, positive assessments emerged about the Venezuelan president. Vladimir Putin of Russia recognized Venezuela as “one of Russia’s old and reliable partners in Latin America and the world in general,” Belarusian President Lukashenko expressed his admiration for Maduro’s leadership and his confidence in the ability of Venezuela to obtain victories at the international level, this last specific quality is required by the members of the Brics for the election of new members.

The alliance that initially included Brazil, Russia, India, China and South Africa has expanded this year to include Iran, Egypt, Ethiopia, the United Arab Emirates and Saudi Arabia. Since then, it has been known as “BRICS+”. Although the entry of new members into the organization was not part of the agenda, President Vladimir Putin, in September 2024, stated that thirty-four (34) States They wanted cooperation “in various forms,” ​​including some from the Commonwealth of Independent States (CIS former republics of the Soviet Union), Africa, South America and Southeast Asia. Among these states is Venezuela, which participated in the summit. as a guest, like the other countries that do not make up the bloc.

Once the small-format meeting concluded, the BRIC member countries met with the invited countries.

Final declaration XVI BRICS summit

The BRICS Summit concluded its meeting with a declaration containing 134 points, of which the following stand out:

  • Reform of the United Nations (UN). The countries of the BRICS group reaffirmed their commitment to the comprehensive reform of the UN.

  • Encourage the use of national currencies.

  • They reaffirmed their commitment to deepening economic cooperation to achieve a lasting, sustainable, balanced and inclusive recovery in this area, in search of an improvement in the global economy.

  • Create a new investment platform, which allows the existing institutional infrastructure of the New BRICS Development Bank (NBD) to be used more effectively to increase the flow of investments in the BRICS countries and the mechanisms of the Global South.

  • Express concern about sanctions and their negative impact on the economy and global trade.

  • Promote the entry of Palestine into the UN, based on the concept of the coexistence of two States, based on international law.

  • Promote a ceasefire in the Gaza Strip and “urgently and without preconditions release all hostages and detainees on both sides, (…) and ensure unrestricted, sustainable and large-scale delivery of humanitarian aid to the Gaza Strip “, it was specified in the document.

  • Reaffirmation of commitment to the conflicts in the Middle East and North Africa, based on the ideal that peace and security in these regions must be achieved and maintained in accordance with and with full respect for international law and the Charter of the United Nations.

  • Guarantee mediation in the Ukrainian conflict, in search of a peaceful solution through dialogue and diplomacy.

  • Strengthen the non-proliferation and disarmament regime, recognizing its role in maintaining global stability.

  • Prevent the deployment of weapons in space and the threat or use of force against targets located in space.

No new members and Brazil’s veto

The XVI BRICS Summit has also marked the path that new applicants to enter the bloc must follow. The BRICS leaders have decided to only grant the status of “partners” and not “members” to those countries that meet certain criteria; In addition, these new members will not have the right to vote, only the members will have it. In the BRICS there is no right to veto, but it is necessary to reach a consensus among all the founding members.

It is important to note that at this XVI BRICS Summit the incorporation of new members to the bloc was not discussed and that the final declaration of the meeting does not reflect a list of new countries to join the BRICS. However, from the bilateral meetings and press conferences, especially from the statements of the Russian president, it was learned that the Brazilian government was opposed to Venezuela being included in a list of possible future partners at this time. of the block.

The Member States (Brazil, Russia, India, China and South Africa) and the current Partner States (Iran, Egypt, Ethiopia, the United Arab Emirates and Saudi Arabia) have already agreed on a first list of possible new partner countries, to start the path towards enlargement. “We have agreed with the partners that in the first phase, taking into account a possible enlargement, we will follow the path of agreeing on a list of partner countries. Such a list has already been agreed upon,” Putin said.

After the negotiations at this summit, and the support expressed by the member states with the right to vote, the following countries have been left with the possibility of becoming “BRICS partners”, after meeting the bloc’s expansion criteria: Algeria, Belarus , Bolivia, Cuba, Kazakhstan, Indonesia, Malaysia, Nigeria, Thailand, Turkey, Uganda, Uzbekistan and Vietnam. Afghanistan, Nicaragua and Venezuela would not have had the support of Brazil to join the list of candidates.

Controversy over Brazil’s position

Putin was in charge of explaining that Lula had been responsible for Venezuela not being on the list of possible new partners of BRICS. Putin said that although he thinks differently from Lula because he does recognize Maduro as the legitimate president of Venezuela, the decisions of the BRICS are made by consensus, so he wants Venezuela and Brazil to be able to resolve their differences.

Among the antecedents that led to Brazil’s current position, we find the request of the Brazilian Foreign Ministry to the Venezuelan government to grant safe conduct to the six (6) Venezuelan opponents who confined themselves to the residence of the Argentine Embassy in Caracas. Let us remember that Argentinian president Javier Milei, after breaking relations with Venezuela, left the custody of the Argentine diplomatic residence in charge of Lula, but Venezuelan government withdrew that possibility when assassination plans against President Maduro and Vice President Delcy Rodríguez, devised by the coup plotters, were discovered.

Also, the statements of Prosecutor Tarek William Saab in which he accused the leaders of Chile and Brazil of being functional agents of the CIA, continued to forge a climate of tension and low-intensity conflict that damaged the already fragile bilateral relationship between Caracas and Brasilia. This despite the fact that our Foreign Ministry distanced itself from the Attorney General’s statements.

However, the most important fact that triggered Brazil’s position remains that, in a clear act of interference in the internal affairs of Venezuela, Lula has maintained that he will not recognize any winner of the Venezuelan presidential elections of July 28, until the government of Venezuela or the opposition shows the electoral minutes. This interventionist position by Lula is proof that mutual trust has been lost and that the relationship between Venezuela and Brazil is going through its worst moment.

Faced with Brazil’s de facto veto, Venezuelan Foreign Ministry, Yván Gil, has issued a statement highlighting the importance of Venezuela for the BRICS and the Global South, while at the same time exposing Lula’s questioned actions.

Despite this bilateral impasse between Caracas and Brasilia, the incorporation of Venezuela into the BRICS must be seen as a long-term objective, as a process that will require a different diplomacy and further strengthen alliances. Venezuela’s entry into the BRICS is not a utopia; sooner rather than later, it will be a reality.

DIPLOMACY

Argentina and the IMF: Negotiations begin for a new $44bn agreement

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Argentina is pursuing a new agreement with the International Monetary Fund (IMF) to replace its current $44 billion arrangement. The effort signals a significant shift in the country’s financial strategy under President Javier Milei’s administration.

IMF Chief Spokesperson Julie Kozack confirmed on Thursday that the Milei government is prioritizing the establishment of a new programme over completing the final reviews of the existing deal inherited from the previous administration. According to a Bloomberg report, Kozack stated, “The authorities have formally expressed their desire to move to a new programme, and negotiations are now underway.”

The discussions intensified following a visit earlier this month by officials from Economy Minister Luis Caputo’s office and the central bank to Washington, where they engaged with IMF representatives.

The central question in the negotiations revolves around whether the IMF will extend additional financing beyond the $44 billion already allocated to Argentina. Milei had previously suggested an additional $15 billion, although he has not reiterated this figure recently. However, Caputo indicated this week that new funding could be included as part of the prospective programme.

If the parties reach an agreement, it would mark Argentina’s 23rd programme with the IMF since 1958 and its third since 2018. Historically, the IMF’s interventions in Argentina have faced criticism, as many past agreements failed to stabilize the economy. Successive governments often violated programme objectives, raising doubts about the effectiveness of IMF support in the country.

President Milei and his chief negotiator, Caputo, have a history of strained relations with the IMF. Earlier this year, Milei publicly criticized Rodrigo Valdes, one of the IMF’s senior officials, leading to Valdes stepping back from negotiations. Similarly, Caputo clashed with the IMF during his tenure as finance minister in 2018, particularly over exchange rate policies, which eventually prompted his resignation after a short stint as central bank governor.

Despite these tensions, the IMF has commended the Milei administration for implementing measures to cut spending, reduce inflation, and narrow gaps between the country’s various exchange rates.

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DIPLOMACY

Trump threatens tariffs on the EU over energy purchases

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U.S. President-elect Donald Trump has issued a warning to the European Union (EU), stating that the bloc may face tariffs if it does not increase its purchases of U.S. oil and gas on a “large scale.”

“I told the European Union that they must close the enormous gap with the United States by buying our oil and gas on a large scale. Otherwise, TARIFFS!!! in every way!!!” Trump declared in a post on the Truth Social platform on Friday.

European Commission President Ursula von der Leyen previously suggested that the EU could explore the possibility of importing more liquefied natural gas (LNG) from the U.S. “We still buy a lot of LNG from Russia, and why not replace it with American LNG, which is cheaper for us and lowers our energy prices?” von der Leyen remarked to reporters in November.

An EU official, speaking to the Financial Times (FT), noted the peculiarity of Trump’s threat, given von der Leyen’s earlier openness to the idea of increasing LNG imports from the U.S.

Currently, the United States is Europe’s largest supplier of LNG, though Russia remains the EU’s second-largest source. The possibility of replacing Russian LNG with U.S. imports aligns with the EU’s efforts to diversify its energy sources.

Trump has also floated the possibility of a general tariff of up to 20% on all non-Chinese imports, which could have significant implications for EU-U.S. trade relations.

In November, European Central Bank President Christine Lagarde urged European leaders to engage with the U.S. on trade matters, including tariffs, and to consider purchasing more U.S.-manufactured goods. This call for cooperation echoes measures taken during Trump’s first term, when then-European Commission President Jean-Claude Juncker pledged to buy more U.S. gas to avert the risk of a trade war.

Global oil prices have shown sensitivity to these developments. On Friday, international oil benchmark Brent crude prices dropped 0.4% to $72.61 per barrel, while West Texas Intermediate (WTI) futures also fell 0.4%, trading at $69.14 per barrel.

The U.S., currently the world’s largest producer of crude oil and exporter of LNG, has been strengthening its energy trade partnerships. Buyers, including the EU and Vietnam, are reportedly considering increased fuel purchases from the U.S., partly to mitigate the risk of potential tariffs.

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London pushes for continued U.S. support to Ukraine amid leadership transition

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UK Prime Minister Keir Starmer urged Donald Trump on Wednesday to ensure that Western allies “stand together” in supporting Ukraine against Russian aggression.

During a phone call with the U.S. president-elect, their second conversation since Trump’s electoral victory in November, Starmer emphasized the importance of unified support for Ukraine, stating that “allies must stand with Ukraine… and ensure that Ukraine is in the strongest possible position.”

A spokesperson for the British Prime Minister’s Office described the discussion as highlighting a “shared desire to strengthen the close and historic relationship between the United Kingdom and the United States.”

Starmer began the call by congratulating Trump on his recent team appointments. Trump responded by “warmly recounting” his recent meeting with Prince William, Prince of Wales, in Paris earlier this month, according to the Prime Minister’s Office.

As Trump prepares to take office next month, he has expressed intentions to seek a deal to end the war in Ukraine, though he has also publicly criticized certain Western policies, including the approval of missile supplies to Ukraine for use on Russian soil.

In an interview with The Sun on Tuesday, Starmer expressed hope to revive trade talks with the incoming U.S. administration. These negotiations had stalled two years ago under President Joe Biden. The leaders also expressed mutual anticipation of meeting in person “at the first opportunity.” According to the i newspaper, Starmer may visit the U.S. in early February.

Meanwhile, The Telegraph reported that Starmer’s chief of staff, Morgan McSweeney, conducted private meetings with senior members of Trump’s team earlier this month. McSweeney traveled to Florida to meet Susie Wiles, Trump’s chief of staff-designate, who played a pivotal role in managing his re-election campaign. He also held discussions in Washington with Congressman Mike Waltz, Trump’s incoming National Security Adviser.

A senior source in the Prime Minister’s Office described the interactions as “very warm,” adding that “President Trump has a warm approach to the UK. As the year draws to a close, the Starmer team is confident that the UK is well-placed for a strong bilateral relationship with the new president.”

Starmer’s delegation to the U.S., which began on December 2, included Jonathan Powell, former chief of staff to Tony Blair and now Starmer’s national security adviser. Together with McSweeney, Powell engaged in policy discussions on Ukraine, China, and the Middle East, identifying areas of alignment and divergence between the two leaders.

According to The Telegraph, those close to Starmer believe Trump is currently in “listening mode” on Ukraine, carefully evaluating strategies to fulfill his campaign promise of resolving the conflict “on day one” of his presidency.

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