President Rafael Correa said that the determining factor for Ecuador to join as full member of Mercosur or the Alliance of the Pacific is the ‘flexibility’ granted in certain admission conditions, taking into account the fact that Ecuador does not have a national currency.
The incorporation of Bolivia to Mercosur must not become a “straight jacket” that leaves the country with no margin to negotiate trade agreements with other regions, said the private business organization, Bolivia Foreign Trade Institution, IBCE
Bolivia will announce to its peers at the Mercosur summit in Brasilia, later this week that it is willing to adhere to the trade block as a full member, reported Amanda Dávila, Communications minister.