Other Mercosur Members Don’t See Eye to Eye with Brazil

Mercosur's parliament, the Parlasur It seems that approval of the new composition for the Mercosur Parliament scheduled to be agreed later this month at the group's presidential summit in Paraguay will be postponed given conflicting interests on supra-national decisions.

Host Paraguay has anticipated that the expansion of the Mercosur legislative body following population representation guidelines, which will give Brazil and Argentina a larger number of members, is conditioned to the approval and creation of the Supranational Justice Tribunal which will decide on trade disputes.

The decision was announced this week by Paraguayan Foreign Affairs minister Hector Lacognata following a meeting with the current Paraguayan representatives in Parlasur.

The Mercosur parliament which was inaugurated in May 2007 currently has 72 benches, 18 for each country member which means Argentina, Brazil, Paraguay and Uruguay have the same number of representatives.

But under the new scheme, based on population, Brazil will have 36 representatives, Argentina, 26 and Paraguay and Uruguay, 18 each. The new parliamentary composition and the creation of the Supranational Justice Tribunal were jointly approved last April 28th in Asuncion by Parlasur.

According to diplomatic sources Argentina and Uruguay do not support a trade's differences tribunal which entails further consequences. Paraguay on the other hand is pushing for such a tribunal because the current Standing Review tribunal has no entailing powers regarding trade issues.

"We have to guarantee the proportionality of Parlasur as long as simultaneously there are advances in the creation of the Supranational Tribunal, which is crucial for Mercosur. There is no resolution instance for trade controversies," said Minister Lacognata.

Mercopress

Tags:

You May Also Like

RAPIDINHAS

Anthropologist and Senator Darcy Ribeiro died on February 17. He was considered by most ...

Brazil Wins Another Round Against EU Trade Barriers

Brazil gained another victory in its war against protectionist barriers erected by the European ...

Brazil’s BNDES Makes Record US$ 50 Billion Loans, Most for Infrastructure

Brazil's BNDES (Brazilian Development Bank) (BNDES) loaned a total of 78,8 billion reais (US$ ...

Brazil Sees WTO Trade Agreement a Long Way Ahead

Brazil’s principal trade negotiator Tuesday presented a pessimistic assessment of the prospects for completing ...

While Varig Draws Last Breath Brazil Readies Five Planes to Bring 28,000 Home

A bankruptcy judge annulled Friday, June 23, the sale of Brazil flag carrier Varig ...

The Case for Federal Intervention in Brasília. Would It Make Any Difference?

On April 21, Brazilian capital Brasília will celebrate its 50th anniversary. A question on ...

Brazil and Egypt Don’t Know Each Other

To consolidate trade between Egypt and Brazil it is necessary to find equilibrium in ...

Brazil Becoming a Cocaine Producer

Cocaine production in Brazil is beginning to worry international agencies. The representative to Brazil ...

Hillary Clinton Asks Brazil to Join US Against Iran and in Favor of Honduras

US Secretary of State, Hillary Clinton, in a visit to the Brazilian Congress said ...

Brazil and US: A Deal on Generics

Under the terms of a new agreement, poor nations will have to go through ...