Gaucho (currency) without any initial plans to establish a common currency. Later, in 1994, Brazil established the Brazilian real, still in use, putting an end to the frequent currency changes that took place in the country throughout the 1980s and the 1990s. On such panorama, the Gaucho plan has been virtually shelved. On 17 July 1987, in the city of Viedma (Río Negro, Argentina), President Raúl Alfonsín of Argentina and President José Sarney of Brazil signed Protocol Number 20 which stated the following: Considering: Viedma, 17 July 1987 Gaucho (currency) The Gaucho was the name of a currency intended to be used
BASIC countries that developed countries allow developing countries "equitable space for development" as well as providing them with finance, technology and capacity-building support, based on their "historical responsibility for climate change". Technical cooperation among the countries appears to be following, as in May 2010 South Africa, Brazil and India announced a joint programme to develop satellites. BASIC countries The BASIC countries (also Basic countries or BASIC) are a bloc of four large newly industrialized countries – Brazil, South Africa, India and China – formed by an agreement on 28 November 2009. The four committed to act jointly at the Copenhagen climate summit,