"Mercosur is, of course, a vehicle of Brazil´s insertion into international markets. But, what if Cristina Kirchner enters and closes her economy? If they want to close it, we will leave Mercosur. If she wants to leave it open? Well, we will continue," Guedes said during an event with investors held in Sao Paulo.
Besides insinuating he is not worried about the Argentinean economic crisis, Minister Guedes downplayed the economic relationship with Argentina, a country which is actually Brazil's third largest trading partner.
"Since when has Brazil needed Argentina to grow?", Guedes said arrogantly, although he tried to soften his claims by saying that "Brazil is a continental economy and we need to recover our own momentum to growth. We do not depend so much on others."
Brazil's President Jair Bolsonaro today: "Let's end the feces (poop) of Brazil. The poop is this race of corrupted and communists. Let's sweep this red gang from Brazil. Since Venezuela is good, I'll send this gang there. Whoever wants a little further north will go to Cuba." https://t.co/qsDauemyKB
"Look at what is happening in Argentina now. Argentina is sinking into chaos. Argentina begins to follow the course of Venezuela because, in the presidential primaries, the left-wing bandits began to return to power," Bolsonaro said in the city of Parnaiba.
In the presidential primaries held in Argentina on August 11, Alberto Fernandez, whose vice presidential candidate is former President Cristina Fernandez Kirchner (2007-2015), achieved a 15 percent advantage over president Mauricio Macri, a right-wing politician who has received explicit support from his colleague Bolsonaro.
Currently, Brazil, Argentina, Uruguay and Paraguay are integrating Mercosur, a commercial block which recently concluded the negotiations of a Free Trade Agreement with the European Union (EU). In the near future, if the Brazilian government leaves Mercosur, this agreement would also enter into crisis.