Venezuela suspended from Mercosur beginning December

November 22, 2016 - 15:00

Venezuela will be suspended from South American trade bloc Mercosur at the beginning of next month, a top official said yesterday.

ASUNCION  Venezuela will be suspended from South American trade bloc Mercosur at the beginning of next month, a top official said yesterday.
 
Venezuelan President Nicolas Maduro’s socialist government has not adopted 112 resolutions as Venezuelan law, routine procedure for members, leading to its sidelining beginning December 1, Paraguay’s Foreign Minister Eladio Loizaga said.
 
Venezuela has said it cannot adopt the text because it conflicts with its domestic laws.
 
"If you join an international agreement and something conflicts with local law, you indicate reservations," and Caracas has not, Loizaga said.
 
Mercosur countries had given Venezuela a three-month period to get up to date on putting the bloc’s measures into effect. AFP

E-paper