Mercosur will not impose economic sanctions on Paraguay despite concerns over the ousting of the country's president, officials said on Thursday evening at the summit taking place in Mendoza, Argentina.
Besides the Mercosur summit, the Argentine city of Mendoza will also be hosting on Friday an emergency meeting from the Union of South American nations to discuss Paraguayan president Fernando Lugo’s swift removal and replacement by a government which has triggered strong resistance in the continent.
United States strongly supports the Organization of American States Council decision to send a top level delegation to Paraguay headed by Secretary General Jose Miguel Insulza, said on Wednesday US State Department spokesperson Victoria Nuland during the daily briefing.
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 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.
Canada seems prepared to accept the new political situation in Paraguay following the removal of President Fernando Lugo, and pointed out in an official release that the ousted leader “accepted the decision from the Paraguayan Senate”.
An urgent summit of the Union of South American Nations, Unasur, will address the crisis in Paraguay following the removal of President Fernando Lugo, this coming Wednesday in Peru, announced Ecuadorian president Rafael Correa, although there has been no official confirmation from Lima.
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.
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.
“There is no coup here,” assured the new president of Paraguay Federico Franco on Saturday, who acted confidently before the international press following the ousting of Fernando Lugo on Friday.