The ‘new’ Mercosur with Venezuela as a full member reinforces the regional block as a forum of ‘political understanding’ and no longer as an integration process ruled by international law.
Brazilian president DIlma Rousseff said that with the incorporation of Venezuela, Mercosur has become a global power in food and energy and becomes the fifth world economy with a GDP of 3.3tn dollars.
Argentine President Cristina Fernández said on Tuesday during a press conference held at the Mercosur extraordinary summit in Brasilia, that Venezuela’s entry to the bloc “strengthens the entire region” and creates a “new pole of power” at world level.
Following a full day of deliberations in Brasilia between Foreign Affairs ministers, the presidents from Brazil, Argentina and Uruguay, on Tuesday will formally receive Venezuela as the new full member of Mercosur, as was agreed at the regular mid year summit in Mendoza.
Venezuelan president Hugo Chavez announced he expected to sign an oil/gas alliance between Argentina’s YPF and PDVSA (Venezuelan Petroleum) when he meets with his peer Cristina Fernandez in Brasilia in the framework of the Mercosur extraordinary summit to officially incorporate the country as full member of the trade group.
Brazilian diplomats revealed during a television Globo News debate details of the controversial procedure applied by Mercosur countries to suspend Paraguay and agree the incorporation of Venezuela as full member.
Spain’s Foreign Minister Jose Manuel García-Margallo suggested on Tuesday that it would be best for Paraguay not to attend the coming Ibero-American summit scheduled to take place in Cadiz, next November, because of the complex political situation.
Paraguay must comply with democratic and transparent elections if it pretends to again become a member of the Union of South American Nations, Unasur, said the regional block following meetings on Tuesday held in Lima, Peru.
Paraguayan president Federico Franco said on Monday that the only coup, if that is the word, was implemented by Mercosur from the moment they left Paraguay out of the decision to incorporate Venezuela as a full member of the group.
The head of the Brazilian Senate and former president Jose Sarney said he had his reservations about the incorporation of Venezuela to Mercosur as full member since the government of Hugo Chavez does not respect democratic rules.