IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.47% USD/MXN18.67▲ 0.25% USD/CLP982.23▼ 0.20% USD/COP3,287▲ 0.40% USD/PEN3.41▲ 0.02% USD/ARS1,551▲ 0.34% USD/UYU40.43▲ 3.48% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.81▲ 0.68% USD/CRC445.62▲ 1.58% USD/GTQ7.64▲ 3.18% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.36% USD/TTD6.72▲ 2.30% EUR/BRL6.18▲ 0.13% BRENT 93.01 ▲ 1.66% WTI 87.43 ▲ 1.62% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.05% GOLD 4,046 ▲ 0.39% SILVER 52.73 ▲ 3.18% SOY 1,225 ▲ 0.02% CORN 447.25 ▼ 0.39% WHEAT 594.00 ▲ 0.21% COFFEE 264.35 ▼ 2.60% SUGAR 18.21 ▲ 0.66% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,948 ▲ 4.34% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 43.98 ▼ 2.16% VALE3 65.17 ▲ 0.57% ITUB4 41.60 ▲ 0.97% BBDC4 14.77 ▲ 1.58% ABEV3 15.84 ▲ 0.32% BBAS3 17.29 ▲ 1.11% B3SA3 14.73 ▲ 1.73% WEGE3 51.19 ▲ 0.47% PRIO3 61.14 ▲ 1.87% SUZB3 54.19 ▼ 0.50% RENT3 30.28 ▲ 1.64% AZZA3 15.02 ▲ 1.97% CSAN3 2.79 ▲ 4.10% RAIZ4 0.30 ▼ 98.77% PCAR3 2.58 ▲ 0.78% GMAT3 3.92 ▲ 2.89% PSSA3 46.26 ▼ 0.88% CVCB3 0.87 ▲ 1.16% POSI3 3.21 ▲ 1.90% SLCE3 17.26 ▲ 0.99% NATU3 5.62 ▲ 1.26% BRKM5 2.97 ▲ 1.71% RANI3 8.48 ▲ 0.36% CSNA3 4.44 ▲ 1.37% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.37% USD/MXN 18.67 ▲ 0.22% USD/CLP 982.30 ▼ 0.20% USD/COP 3,285 ▲ 0.34% USD/PEN 3.41 ▲ 0.02% USD/ARS 1,551 ▲ 0.34% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 1.36% USD/DOP 60.81 ▲ 0.68% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.18 ▲ 0.13% BRENT 93.01 ▲ 1.66% WTI 87.43 ▲ 1.62% IRON ORE 161.91 — — COPPER 6.29 ▲ 1.05% GOLD 4,046 ▲ 0.39% SILVER 52.73 ▲ 3.18% SOY 1,225 ▲ 0.02% CORN 447.25 ▼ 0.39% WHEAT 594.00 ▲ 0.21% COFFEE 264.35 ▼ 2.60% SUGAR 18.21 ▲ 0.66% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,948 ▲ 4.34% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 43.98 ▼ 2.16% VALE3 65.17 ▲ 0.57% ITUB4 41.60 ▲ 0.97% BBDC4 14.77 ▲ 1.58% ABEV3 15.84 ▲ 0.32% BBAS3 17.29 ▲ 1.11% B3SA3 14.73 ▲ 1.73% WEGE3 51.19 ▲ 0.47% PRIO3 61.14 ▲ 1.87% SUZB3 54.19 ▼ 0.50% RENT3 30.28 ▲ 1.64% AZZA3 15.02 ▲ 1.97% CSAN3 2.79 ▲ 4.10% RAIZ4 0.30 ▼ 98.77% PCAR3 2.58 ▲ 0.78% GMAT3 3.92 ▲ 2.89% PSSA3 46.26 ▼ 0.88% CVCB3 0.87 ▲ 1.16% POSI3 3.21 ▲ 1.90% SLCE3 17.26 ▲ 0.99% NATU3 5.62 ▲ 1.26% BRKM5 2.97 ▲ 1.71% RANI3 8.48 ▲ 0.36% CSNA3 4.44 ▲ 1.37%
since 2009
Wednesday, November 11, 2026

Brazil Latin America

Argentine Government Downplays Priority Decision in Favour of Brazil in OECD

By · · 2 min read

RIO DE JANEIRO, BRAZIL – Argentina downplayed US President Donald Trump’s decision to favor Brazil in supporting the country’s accession to the Organization for Economic Cooperation and Development (OECD).

According to La Nación, Argentina’s Foreign Ministry described the US initiative as a “logical decision” given the closeness of Brazil’s President Jair Bolsonaro and Trump.

Argentina played down the decision by U.S. President Donald Trump to favor Brazil in supporting the country's entry into the Organization for Economic Cooperation and Development (OECD).
Argentina downplayed US President Donald Trump’s decision to favor Brazil in supporting the country’s accession to the Organization for Economic Cooperation and Development (OECD).
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“Bolsonaro has always been a Trump supporter, and it is entirely logical that Brazil now takes this position. For us, joining the OECD today would entail more problems than benefits,” the portfolio told the Argentinean media outlet.

Brazil’s prioritization was celebrated by Bolsonaro, for whom the Americans’ decision helps show the world “that Brazil is a viable country”. On Wednesday, January 15th, Bolsonaro also said that the country is “well advanced, ahead of Argentina” in terms of the necessary requirements for joining the OECD.

In an interview with Broadcast (the Estado Group’s real-time news system), Marcos Troyjo, special secretary of Foreign Trade and International Affairs of Bolsonaro’s government, spoke of a “strategic rapprochement” between the US and Brazilian presidents, and said that Argentina has lost the US preference for its “public policy that appears to stray from the principles advocated by the OECD”.

South America’s second-largest economy and one of Brazil’s main trading partners, Argentina began to lose US preference for entry into the OECD when Peronist Alberto Fernández defeated Mauricio Macri in the presidential race, still in 2019.

Macri, who was more pro-market, had won the presidency and imposed a defeat on populist leftist Cristina Kirchner, who is now Fernández’s vice-president.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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