
In his closing massive campaign rally in Caracas, Thursday evening incumbent candidate Nicolas Maduro pledged that next Sunday he will win the Venezuelan presidential election and later will take over the presidency of Mercosur.

Brazil admitted that the trade situation with Argentina is “less than satisfactory”, given the ongoing barriers and restrictions imposed by Buenos Aires and revealed that the bilateral trade balance is now inclined in favour of its southern neighbour and Mercosur associate.

Brazilian Foreign minister Antonio Patriota said he was hopeful that the European Union and Mercosur could advance this year towards a trade agreement they have been negotiating so far unsuccessfully for almost fifteen years and also warned about the coming EU/US trade talks for a comprehensive accord.

Uruguayan president José Mujica’s controversial statements caught on an open microphone referred to President Cristina Fernandez and her late husband Nestor Kirchner, triggered a strong response from the Argentine government saying that such comments are “unacceptable, denigrating and offend the memory of a dead person”.

Uruguay’s President Jose Mujica, speaking without realizing a microphone was on, referred to Argentine President Cristina Fernandez de Kirchner as that ‘old lady’ saying she is “worse” than her late husband and predecessor, Nestor Kirchner.

Paraguay’s president Federico Franco has arrived in Madrid, a special guest of his peer Mariano Rajoy with whom he will be holding talks at the Moncloa Palace. Rajoy is particularly interested in showing his support for President Franco and Paraguay that have been suspended from Mercosur and Unasur because of the removal by Congress, following political impeachment of Fernando Lugo.

Foreign minister Luis Almagro said on Wednesday that Malvinas Islands’ sovereignty belongs to the whole of Latinamerica and as part of Latinamerica and the Caribbean, “we will defend the territorial integrity of the continent”.

Paraguay businessman Horacio Cartes a newcomer to politics and the presidential candidate for the conservative Colorado party that ruled the landlocked country for decades leads public opinion polls less than a month ahead of the general election.

Paraguay, suspended from Mercosur and Unasur since last June rejected point-blank the possibility that Venezuela takes the chair of the regional trade group as of next June during the summit scheduled to take place in Uruguay.

Regional groups from South America for the first time are working together on the Malvinas question at the United Nations in support of Argentina’s claims, said the Peruvian delegate on Tuesday, something which he described as “very positive”.