Brazilian sources say Venezuela's suspension from Mercosur to be announced Friday

Friday, December 2nd 2016 - 10:43 UTC

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Nicolas Maduro's Venezuela has been suspended from the Mercosur regional trade bloc for failing to meet its membership requirements, a Brazilian government source revealed Thursday. And the official announcement is to be made Friday, which could not be corroborated in Buenos Aires' diplomatic circles. Read full article

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Idlehands
Who could possibly have guessed that admitting Venezuela into Mercosur might go wrong. What a shock.
Dec 02nd, 2016 - 11:24 am - Link - Report abuse +2
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ElaineB
@ Idlehands

Quite. The discussions we had about it. Remember the underhand way they suspended Paraguay long enough to force through Venezuela's membership? To be fair, CFK had an obligation to Chavez as he bank-rolled the Kirchner's election campaigns and bailed Argentina out for them by buying up their bonds. That was back in the day when it appeared Chavez had an endless supply of oil money to buy power.
Dec 02nd, 2016 - 12:00 pm - Link - Report abuse +2
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Marti Llazo
Well, as expected, the announcement was made to kick out Venezuela for cause (failure to follow the Mercosur bylaws). And of course VZ is complaining that it's a coup d'etat similar to the way Dilma's supporters liked refer to her impeachment as a “coup.” Their (VZ) spokesperson: “Es un golpe de Estado al Mercosur y constituiría una agresión a Venezuela de dimensiones realmente muy graves” And InMaduro is blaming a vast right-wing conspiracy.
Dec 02nd, 2016 - 07:08 pm - Link - Report abuse +2
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