
The United States and Brazil agreed that Venezuela should be “looking more to the south”, to “successful models of country”, according to US Secretary of State Hillary Clinton and that is why “we have invited Venezuela to join Mercosur”, pointed out Brazilian Foreign Secretary Celso Amorim.

Uruguay’s president elect Jose Mujica who takes office Monday March first admitted that Mercosur is “failing” because “we are doing something wrong”, but was enthusiastic about Latinamerican integration and praised Argentina, a country where “Uruguayans are not foreigners”.

Citizens from Mercosur full members and some associate countries will be allowed to travel to Venezuela with no need of a passport, simply with their national ID, as of next Thursday announced Venezuela’s Identification and Foreigners office.

Trade among Mercosur members plummeted in 2009 under the effects of the international slowdown which severely limited access to financing and made credit in the region harder to obtain, according to a report from the Inter American Development bank, IDB.

Mercosur and the European Union could be signing a cooperation and free trade agreement, although not in its final version, next May during the two continents summit in Madrid, according to the Brazilian Foreign Affairs minister Celso Amorim

Venezuela’s incorporation to Mercosur will be completed next March according to ABN news agency from Caracas. Apparently the formality will take place in the second week of March following the end of the Paraguayan congressional recess.

Argentina and Brazil will be meeting early February in Buenos Aires to assess how bilateral trade has been evolving and to plan the following steps to keep improving trade relations between Mercosur senior members.

Brazil’s strongest manufacturing organization (and lobby) is considering the possibility that the country “ceases to be tolerant” towards Argentine trade restrictions and consider the possibility of withdrawing from Mercosur.

Spain’s Foreign Affairs minister Miguel Angel Moratinos is confident that the European Union will reach a trade understanding or road map with Mercosur during the first half of this year, since Spain holds the EU rotating presidency.

Paraguay’s Vice-president Federico Franco said he was contrary to Venezuela’s incorporation to Mercosur as long as Hugo Chavez is president accusing him of having “imperial attitudes” towards the land-locked country.