
Paraguay president-elect Horacio Cartes ratified he will not be attending the coming Mercosur summit scheduled to take place July 12 in Montevideo, confirmed one of his foreign policy advisors since the Paraguayan position remains that “Venezuela is not a full member of Mercosur because the Paraguayan congress by overwhelming majority rejected such option in August 2012”.

Venezuela “is not part of Mercosur, it was not ratified by the Paraguayan congress” according to one of the main foreign policy advisors of president elect Horacio Cartes who is scheduled to take office next August 15. Meanwhile Paraguay continues to advance it its intention of belonging to the Alliance of the Pacific.

The next Mercosur summit scheduled for the end of June in Montevideo has been delayed until 12 July, announced Uruguayan Foreign minister Luis Almagro. The new date was agreed by Argentina, Brazil, Uruguay and Venezuela earlier this week.

Uruguayan president Jose Mujica called on Spain for a more decisive role in the trade and cooperation agreement discussions between Mercosur and the European Union which have been going on for over a decade.

Paraguay is considering the announcement made by Uruguayan president Jose Mujica who suggested delaying the coming Mercosur summit in Montevideo scheduled for the end of June, ‘to wait and give time for Paraguay’ (currently suspended) to return to the block.

US Vice-President Joe Biden wound up a visit to Brazil on Friday saying it was high time the two largest economies in the Americas became closer partners in trade, investment and energy. He made the statement following a ‘wide-ranging discussion’ with President Dilma Rousseff at the Planalto palace in Brasilia.

The US dollar in Argentina’s parallel or ‘blue market’ finished on Friday the month of May down 6.4% from the 9.40 Pesos at the end of April, including a slight drop in the last day of trading, that took it to 8.75 Pesos and 8.80 Pesos, buying and selling price.

Buenos Aires City Mayor Mauricio Macri launched on Friday a price index to be “permanently audited by the civil society” in Argentina’s capital, in a move that steps up the pressure on the inflation controversy surrounding President Cristina Fernandez administration.

Argentine President Cristina Fernández administration agreed with oil-producing provinces and unions from the sector to strictly control the levels of exploration, production, the amount of equipment in use and the total number of jobs in each of the oil fields across the country, with the goal of reaching hydrocarbon self-sufficiency within four years.

Chile’s Araucania Prosecutor this week filed charged against Celestino Córdova Tránsito, an indigenous Mapuche who stands accused of arson leading to the death of an elderly couple of landowners last year. Francisco Ljubetic is also charging Córdova Tránsito with terrorist acts. Córdova Tránsito (26) is currently jailed pending trial.