The procession goes inside. The lack of dollars provides the remaining architecture. It is an odd mosaic, with occasional gaps that make it difficult to replace the Government. While the president Javier Milei At this time he debuts the title of “ambassador of light”, and Minister Caputo engages in rhetorical battles fueled by the escalation of prices, his Chancellor Diana Mondino will begin to add miles by order of the president. Purpose? Recompose part of the unforced errors in diplomatic matters, especially with Argentina’s main commercial partners. Mondino will visit Brazil next Sundaywhile he finishes finalizing the details for your next trip to China. The information was confirmed to Ámbito by at least two sources from the San Martín Palace.
In a restorative key after the clashes between Milei and President Lula Da Silva, the chancellor’s idea is to make her first official visit to the sister country since the anarcho-capitalist became president of the Nation. Mondino will arrive on Sunday the 14th and will meet with Brazilian Foreign Minister Mauro Vieira on Monday the 15th of this month in Itamaraty, Brasilia.. Although it is an official visit, according to the sources consulted, the agenda is “open” and the meeting will be “informal.”
The first meeting between the economist and Vieira had taken place at the end of November last year, also in Itamaraty, when Milei had not yet received the government from Alberto Fernández, but Mondino was already grouping the economist’s foreign policy agenda. In the previous one, Lula Da Silva himself had charged against Milei, comparing him with former president Jair Bolsonaro, considering that “his behaviors show how the right takes over the critical anti-system discourse of the left.” “The one who today is against the system and criticizes everything is Milei, in Argentina, even the Central Bank wants to close it, cut everything with a saw. Here is Bolsonaro, whose name he did not want to say, but to this day he does not recognize his defeat,” Lula noted just a few days ago.
The red thread and reserves
Mondino is also advancing on his trip to China. As Ámbito reported in due course, the chancellor will be in Beijing and Shanghai from April 28 to 30., with the purpose of relaxing the bilateral relationship spurred by the different provocations generated from the Casa Rosada. Diplomatic sources confirmed that, among other issues, The Central Bank needs to renew the maturities that will operate from June within the framework of the swap with China for the equivalent of $5 billion and that, without Beijing’s approval, it would force Argentina to make disbursements with reserves that it does not have. Although the swap as a whole was renewed last year for three years, the dynamic used is that China makes the disbursements corresponding to partial maturities to renew the credit.
On the other hand, and always on the path of searching for dollars, the Government announced the final version of the fiscal package that it sent to Congress along with the new omnibus law, and included money laundering through which assets can be regularized abroad without penalties and with a 0% rate. The project establishes that they can be externalized with a 0% rate up to US$100,000. However, Minister Caputo maintained that “there is a zero rate for amounts greater than 100 thousand dollars, as long as you enter it into the Argentine financial system and do not withdraw it until 12/31/25, or allocate it to certain types of investments to be defined by the executive branch”.
Source: Ambito
