INTERNATIONAL OUTLOOK

President Mauricio Macri was attending the BRICS (Brazil, Russia, India, China and South Africa) Summit in Johannesburg as from Thursday, thus rounding out an international week which began with his hosting the conclave of G20 economy ministers and central bankers last weekend. The trade wars threatened by the protectionism of US President Donald Trump were prime concerns at both events, especially at the BRICS Summit with China as Trump’s main target. But Macri’s main interest in South Africa was boosting commerce with BRICS members, especially India and Russia since trade with China and Mercosur partner Brazil is already developed.