MercoPress. South Atlantic News Agency

Brazil is working on speeding up Venezuela as a Mercosur full member

Pte Chavez and Pte. Lula da Silva

Luiz Inácio Lula Da Silva, assured this Thursday that his country is working on making Venezuela, definitely, gets his full member entry into the Southern Common Market (Mercosur).

From Manaos, and after finishing a meeting with the President of Venezuela, Hugo Chávez Frias, Lula wanted to clarify some aspects about Venezuela's entry into the Mercosur, which he considers that have been distorted. "Brazil is working on a process at the Senate to make Venezuela full member of the Mercosur and to make other countries able to join as well, because Mercosur is a need and we need to develop it", he stressed. "We are doing an effort to get this agreement fulfilled as soon as possible and to make Chávez' next visit to be as Mercosur full member", he added. Lula stated that there is no thriller in Venezuela and Brazil relation. "Some people in the world do not want to accept that there are progressive governments", Lula said, referring to Venezuela. In other issues they agreed to forge ahead with two joint ventures between their state-run oil companies and a natural gas pipeline that would stretch across the Amazon rainforest. Both Presidents signed a series of accords to speed the projects that had been agreed upon earlier but had gotten bogged down in bureaucracy. "We intend to sign the contacts in December in Caracas," Silva said. "With these partnerships we are showing that South America can resolve its energy problems." In other subjects Pte. Chavez Chávez at Manaos said the Bank of the South would probably start operations in November and that the first head offices would be in Caracas. "Evo (Morales) and I are ready to start; we have a date, in November, with the Bank of the South, based in Caracas. We cannot wait any more. He recalled also that Venezuela could provide USD 1 billion to start operations and that the Bank of the South would serve initially to fund development projects.