
Paraguay’s head of the Industrial Union Eduardo Felippo said that he’s supportive of the possibility that the country is excluded from Mercosur, adding that “the rest of the members are going to lose more money than us”

The new Paraguayan government claimed before the Organization of American States, OAS, that Brazil, Argentina and Uruguay are again involved in a “Triple Alliance” to have the country ousted from the inter-American organization as is happening with Mercosur and Unasur.

Ousted Paraguayan president Fernando Lugo announced on Tuesday that he will not be attending the coming Mercosur summit scheduled to take place this Thursday and Friday in Mendoza.

Uruguayan president Jose Mujica rejected on Monday the possibility of applying economic sanctions on Paraguay following on the “parliamentary coup” as was announced by Venezuela which decided to cut the supply of subsidized oil.

Chilean president Sebastián Piñera revealed that next Friday during the regular Mercosur summit, the leaders of Unasur member states are scheduled to hold an extraordinary meeting to jointly address the political crisis in Paraguay triggered by the removal of President Fernando Lugo.

The Paraguayan Supreme Electoral tribunal said on Monday that President Federico Franco “must complete” the current mandate that concludes August 2013 and discarded any possibility of advancing the national elections scheduled for April the same year.

Mercosur countries decided on Sunday “to suspend with immediate effect” the participation of Paraguay in the coming Mercosur summit and preparatory meetings set to begin Monday until next Friday in Mendoza because of the removal of President Fernando Lugo.

A memorandum of understanding with Mercosur and a deep sea port to the east of Uruguay were two of the main issues addressed by visiting Chinese PM Wen Jiabao with President Jose Mujica revealed the Executive Deputy Secretary.

Paraguayan removed president Fernando Lugo denied legitimacy to the administration of his successor Federico Franco and announced he will be travelling next week to Mendoza for the Mercosur meeting of presidents scheduled for next June 29.

Uruguay called for strict respect of the Mercosur and Unasur democratic clauses and said the best way out of the current political crisis in Paraguay was to hold presidential elections as soon as possible.