
The European Union Trade Commissioner openly accused “Argentina’s behaviour” as the main obstacle in discussions to advance and reach a free trade agreement with Mercosur.

Banker and tobacco businessman Horacio Cartes will be the presidential candidate of Paraguay’s main opposition party, Colorado, for the April 2013 elections having won last Sunday the primary election with almost 60% of the vote.

With Venezuelan president Hugo Chavez in Cuba for his fourth cancer surgery in two years and after naming Vice President and Foreign Minister Nicolas Maduro as his successor if anything were to go wrong, the Constitution of the country contemplates several options, including new elections.

Bolivian president Evo Morales subscribed on Friday the Mercosur incorporation protocol which makes it the sixth member of the regional group. The event took place in Brasilia during the Mercosur summit hosted by Brazilian president Dilma Rousseff.

Paraguay rejected the incorporation of Bolivia to Mercosur which took place on Friday at the summit in Brasilia and criticized the fact Uruguay accepted the group’s chair for the next six months skipping Paraguay, currently suspended from the regional organization.

Presidents from Mercosur full and associate members meeting in Brasilia rejected the coming Malvinas Islands self determination referendum and anticipated that whatever the result of the ballot “it will not alter at all the essence of the Malvinas question”.

Venezuela will adopt the Mercosur common external tariff in four annual stages which are scheduled to conclude in the first half of 2016, according to what was agreed at the summit held Friday in Brasilia and reported by Brazilian diplomatic sources. This was Venezuela’s first summit as a full member of the South American trade and political block.

Venezuelan president Hugo Chavez will not be attending the Mercosur summit on Friday as had been previously announced, announced on Thursday the Brazilian Foreign ministry which is hosting the event.

Mercosur Foreign ministers announced in Brasilia on Thursday that the suspension of Paraguay from the group stands at least until the coming presidential election on April 2013.

Paraguay must continue suspended from Mercosur following the group’s presidential summit on Friday, anticipated the head of the Latin American desk from the Brazilian Foreign ministry, Antonio Jose Ferreira Simoes.