Mercosur

Mercosur at its lowest

Mercosur it is at a political impasse, without Presidency and with three out of five members trying to isolate Venezuela. But even more daunting, Argentina and Brazil seem to be working tirelessly to deprive Mercosur of any political connotation.

Mercosur is at a political impasse. Argentina, Brazil, and Paraguay refused to recognize Venezuela presidency of the bloc, based on the failure of the Caracas Government in complying with Mercosur trade tariffs and in protecting human rights. Uruguay, the only member still partially siding with Venezuela, has managed to grant Nicolas Maduro’s executive an extended deadline, 1st December 2016, to comply with the bloc’s requirements. In the meantime, Mercosur is swinging between acephaly and a collegial presidency by the remaining members, and Venezuela is becoming increasingly isolated inside the same organization where, during Hugo Chavez’s Government, it used to have a primary role.

But there is more going on in the Mercosur than bickering over the Presidency.

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