Venezuela Ready to Join Brazil in Mercosur as Full Member

Venezuela will become a "full member" of Mercosur next December, following an agreement with the current four members, Argentina, Brazil, Paraguay and Uruguay, announced in Spain Uruguay’s Foreign Affairs Minister Reinaldo Gargano.

"I’m giving you a headline which is most important from a political and economic point of view," Gargano informed the press room in Salamanca’s Ibero-American summit.

"Three months ago I formally received Venezuela’s request to become a full member. As president of the pro-tempore Mercosur chair I informed Argentina, Brazil and Paraguay, and the three have replied positively," he added, underlining that "this means that next December, Venezuela becomes a full member of Mercosur".

Mr. Gargano said that the incorporation of Venezuela "gives Mercosur a new dimension, from the Caribbean to Tierra del Fuego, and opens the way for the Andean Community of Nations and Mercosur to advance towards a free trade association with an incredible potential".

During the second half of 2005 Uruguay holds the Mercosur rotating pro-tempore chair. Chile, Bolivia and all Andean countries currently have associate status.

Mercopress – www.mercopress.com

Tags:

You May Also Like

Brazil Rocks Newark

Two very different Brazilian bands are currently touring the US in promotional tours of ...

Argentina Is Just Jealous, Says Brazil’s Lula

Brazilian President Luiz Inácio Lula da Silva yesterday acknowledged tension with Argentina but predicted ...

Bolivia Upheaval Doesn’t Scare Brazil’s Petrobras. For Now.

The president of Brazilian oil giant Petrobras, José Eduardo Dutra, affirmed that the political ...

Brazil: Corruption Here Is a Cancer

The secret of our corruption in Brazil rests in the fact that it is ...

São Francisco river in Brazil

The Brazilian Drought Industry Is Doing Pretty Well

When candidate Luiz Inácio Lula da Silva visited the São Francisco River during the ...

Brazil Approves Genetically Modified Cotton Under Protest

A ruling made last week in Brazil has authorized the planting and sale of ...

Despite Worldwide Retraction Brazil’s Sadia to Increase Sales to Arabs by 10%

Sadia, one of the greatest foodstuff exporters in Brazil and national reference in the ...

Minister Says Brazil Is Creating 90,000 New Jobs a Month

The Minister of Finance, Antônio Palocci, said that instability is “definitely a thing of ...

Brazilian Exports Through Rio Ports Grow 45%

The export cargo throughput increased 45% in the last two years in the four ...

Foreigners Cash Out US$ 1.8 Bi, But Brazil Bets They’ll Buy US$ 26 Bi in Stocks

Brazil reached last year a record US$ 34.6 billion (almost double the US$ 18.7 ...